Economies are likely to slow until the end of the year, according the Organization of Economic Cooperation and Development (OECD).
The OECD predicted growth of 0.3% in the UK in the last three months of this year, but the economy could contract up to 1% amid uncertainty estimates.
The organization estimates that the Group of Seven largest economies will grow only by 0.2%.
The OECD said Germany’s most likely feel the impact of world trade decline.
“The level of consumer and business
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