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16/05/2017 - 16:52hs

UN: world economy gains strength

The United Nations has issued a revised version of its early-year forecasts. World GDP growth expectation was kept the same, but the numbers for Latin America and Brazil worsened.

São Paulo – The United Nations (UN) believes that the world economy gained strength in the past six months. The global GDP growth forecast remains at 2.7% for 2017 and 2.9% for 2018.

The UN issued this Tuesday (16) a revised version of the estimates it had released early this year. Projections regarding the economies of Brazil and Latin America worsened.

The organization believes Brazil will see 0.1% growth in 2017, down from an earlier forecast of 0.6% as of January. The growth forecast for Latin America’s Gross Domestic Product (GDP) dropped to 1.1% from 1.3%.

*Translated by Gabriel Pomerancblum

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