Dun & Bradstreet’s (D&B) latest Global Economic Outlook predicts that global GDP growth will accelerate from 2.5% this year to 2.8% in 2025. In Europe, the good start to the year continued in Q2 2024: GDP grew 0.3% q/q in the Eurozone and the EU, following 0.3% growth in Q1. Ireland (+1.2%), Spain (+0.8%), and France (+0.3%) led growth. However, Germany’s economy contracted, putting Europe’s largest market on the brink of recession. The report also noted that growth in emerging economies will likely hold up in H2 2024, but outcomes will be varied. Softer growth in Brazil, Mexico, Poland, and parts of emerging Asia is set to be offset by a reacceleration in parts of Latin America such as Chile, Peru, and Uruguay. In contrast, Northern America will see its growth slow from 2% in 2024 to 1.7% in 2024. To read D&B’s news release, go to https://www.dnb.co.uk/perspectives/finance-credit-risk/country-risk-global-outlook.html.