As we enter the New Year, PwC’s economists have once again peered into the crystal ball to make their predictions for 2016.
These are as follows:
Smoother sailing for the G7: The G7 is expected to grow faster than 2% in GDP-weighted terms, which would be the fastest pace since 2010. In contrast, the E7 emerging economies will grow slower than their trend rate (but still faster than the G7). Within the E7, the Brazilian and Russian economies will contract and China will slow, but India will be the star performer.
