Euromonitor: Global economy to improve in 2013, Europe to struggle

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Euromonitor: Global economy to improve in 2013, Europe to struggle
The global economy is set to improve in 2013 – but Europe will continue to struggle, according to analysis from Euromonitor International.

Real GDP (gross domestic product) will remain poor across the globe, it said, but will improve compared to 2012 levels, with particular bright spots in Asia-Pacific and the Middle East and Africa as incomes are expected to rise.

“The eurozone crisis provides the largest risk to global growth in 2013, with the Mediterranean economies expected to contract in 2013, though these downturns will be milder than 2012,”​ Euromonitor said.

For an infographic on real GDP global growth prospects for 2013, click here​.

Related topics: Markets and Trends

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