According to the Bank of Finland forecast, the global economic growth outlook has deteriorated over the summer, especially because of China's stalled economic growth.
The world economy is expected to grow 3.0 percent this year, 3.2 percent next year and remain virtually unchanged in 2017.
In key economic areas, the strongest growth is in the United States, while the most uncertain areas are in Russia and other emerging economies.
“We have given up using decimals in Russia's case because the uncertainty is so large,” said office manager Samu Kurri.
It seems that the best period in world trade is already behind us.
Early in the year, the decrease in the volume of trade was, according to the Bank of Finland, very exceptional.
Slow growth in world trade is bad news for euro countries' export prospects.
