Published on: October 16, 2019 2:15 PM
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According to the World Economic report released on 15th October, the downgrading global growth in 2019 was 3%, the slowest since the financial crisis of 2008. The 2019 report states the Global Manufacturing Downturn, Rising Trade Barriers.
Key Points:
India’s growth down by 1.2 percentage points and 0.5 percentage point relative to April projections, owing to weaker than expected domestic demand.
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