The global economy slows, uncertainty remains high

Canada’s gross domestic product (GDP) recorded a sharp decline in the second quarter, and goods exports fell significantly.

Analysts agree that inflation is about to pick up again in the United States. Economic activity is subdued in Europe.The United Kingdom’s GDP came to a standstill in July.

And in China, Beijing has adopted measures in the hope of boosting the morale of Chinese consumers, who have grown used to tightening their belts in the face of economic uncertainty.