Global GDP prediction upped despite labour force concerns

A new report says developed markets' GDP figures are expected to be higher than previously thought for most, as projections rise.

Usa Economy @Pixabay.
Unease around immigration and labour force - particularly in the US - were the lead talking point in Fitch Ratings's new report on the global economic outlook.

The ten most developed markets globally have had their previous GDP expectations revised upwards due to more positive numbers than initially expected, according to a new report from Fitch Ratings.

The report highlighted that global shifts in labour productivity and immigration are reshaping growth prospects for developed economies.

This is relevant to insurers, and the long-term outlook could give ideas of which markets show economic strength or weaknesses that could benefit certain investment areas.

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