The OECD published revised analyzes for the global economy and the euro area

Paris / Warsaw, November 21 (TASR) – The growth of the world economy has already reached high and is now slowing down. This is due to increased business conditions and consolidating financial position. This was marked on Wednesday by the Organization for Economic Cooperation and Development (OECD) in the latest recital, which changed its estimate of global growth for the year future.

The OECD has been cutting the strategy for the global economy and it is expected that 3.5% will rise next year, instead of 3.7% in re-reporting; May for the economic perspective.

It also expects the global economy to grow by 3.5% in 2020. The vision for this year has not changed at 3.7%.

The growth rate of the eurozone economy will reach 1.9% this year, and # 39; slowing down to 1.8% in 2019 and 1.6% in the next year.

According to the OECD, there are currently few features that show that the revaluation should be stronger than the idea; at present.

But the dangers that are already big enough to start preparing for "storms," ​​said OECD's chief economist, Laurence Boone. She said it would be necessary to cooperate in a range of fiscal policy both at a global level and in the euro area.

The OECD also warned "to become weaker in the Chinese economy", which could also undermine global growth, especially if it has an impact on confidence in financial markets. China's latest rehearsal aims to expand this year with 6.6%, with 6.3% in 2019 and 6% in 2020.

The Polish OECD reviewed its statement and was estimated to have its economy; grow 5.2% this year, not by 4.6%, as expected in May.

Next year, the Polish economy should grow by 4% (start 3.8%). OECD experts also believe that the National Bank of Poland (NBP) should begin to increase rates of interest rate early in 2019.