ECB sees global economic slowdown in 2019

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Reuters FRANKFURT
Last Updated : Dec 27 2018 | 2:55 PM IST

FRANKFURT (Reuters) - The global economy is set to slow down in 2019 and stabilise thereafter, the European Central Bank said on Thursday.

"Looking ahead, global economic activity is expected to decelerate in 2019 and remain steady thereafter," the ECB said in its regular economic bulletin.

"Global inflationary pressures are expected to rise slowly as spare capacity diminishes," it added.

(Reporting By Francesco Canepa; Editing by Toby Chopra)

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First Published: Dec 27 2018 | 2:43 PM IST

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