ECB Economic Bulletin

From europa.eu

Global growth remains modest and uneven. While activity continues to expand at a solid pace in advanced economies, developments in emerging market economies remain weak overall and more diverse. After a very weak first half of the year in 2015, global trade is recovering, albeit at a slow pace. Global headline inflation has remained low and recent additional declines in oil and other commodity prices will further dampen inflationary pressures. Increased uncertainty related to developments in China and renewed oil price declines have led to a sharp correction in global equity markets and renewed downward pressures on ... (full story)