Will reduce growth in world’s largest economies; U.K. growth to drop from 2.4 percent to 0.2 percent and Eurozone to drop to 1.1 percent in 2017
LEXINGTON, Mass.--(BUSINESS WIRE)--The United Kingdom’s vote to leave the European Union will reduce global growth from 2.5 percent to 2.4 percent in 2016 and from 3.1 percent to 2.7 percent in 2017, according to the Global Link Model from IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions. Impact on the nine largest countries or regions, as measured by gross domestic product (GDP), will be varied, with The United Kingdom and Eurozone the hardest hit.
IHS Markit
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