Investor Presentaiton
A challenging trading environment
Global Economy GDP growth (2,4%), its slowest rate since global financial crisis a decade ago.
The United
States
Europe's largest
trading partner,
GDP slowed
down to its
lowest rate
(2,3%) since
2016.
United Kingdom
The UK avoided a recession despite seeing the
biggest year-on-year slowdown in nearly a
decade. It shrank by 0.2% in the three months to
June 2019. BREXIT also a contributing factor.
Eurozone
Eurozone growth of 1,2% hit a seven-year low, dragged down by
weakness in its three largest economies, Germany, France and Italy.
Santova
China
China's GDP growth of 6,1%
was the slowest since 1990.
Africa South Africa
With economic growth in 2019 being the
lowest since the 2008-2009 global financial
crisis, South Africa slid into its third
recession since 1994.
The ASEAN
ASEAN growth of 4.8% was
slower than forecasted,
down from 4.9% (2018)View entire presentation