3.2%

Finweek English Edition - - IN BRIEF -

The av­er­age growth rate for the world pre­dicted for 2015, com­pared with 3.3% in each of the past two years, ac­cord­ing to a Bloomberg sur­vey of econ­o­mists. Growth is ex­pected to ac­cel­er­ate to 3.7% in 2016. China, the Philip­pines, Kenya, In­dia and In­done­sia, which make up 16% of global GDP, are fore­cast to grow more than 5% in 2015. The eu­ro­zone, a key trade and in­vest­ment part­ner for South Africa, is ex­pected to grow by just 1.2%, it said.

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