{"id":45213,"date":"2025-12-11T10:21:01","date_gmt":"2025-12-11T09:21:01","guid":{"rendered":"https:\/\/amec.es\/global-economic-and-trade-outlook-december-2025\/"},"modified":"2025-12-11T12:10:00","modified_gmt":"2025-12-11T11:10:00","slug":"global-economic-and-trade-outlook-december-2025","status":"publish","type":"page","link":"https:\/\/amec.es\/en\/global-economic-and-trade-outlook-december-2025\/","title":{"rendered":"Global economic and trade outlook (December 2025)"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"45213\" class=\"elementor elementor-45213 elementor-45208\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7784dea5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7784dea5\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;gradient&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-49e7578\" data-id=\"49e7578\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-43281dc4 elementor-widget elementor-widget-heading\" data-id=\"43281dc4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><a href=\"https:\/\/amec.es\/en\/category\/exclusive-alerts-and-trends\/\" rel=\"tag\">Exclusive alerts and trends<\/a><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-46625fab elementor-widget elementor-widget-spacer\" data-id=\"46625fab\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-656dc7ca elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"656dc7ca\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5fea2a44 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5fea2a44\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-76f47406\" data-id=\"76f47406\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2cebfaee elementor-widget elementor-widget-heading\" data-id=\"2cebfaee\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Global economic and trade outlook (December 2025)<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4f5ee385 elementor-widget elementor-widget-spacer\" data-id=\"4f5ee385\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6f331681 elementor-widget elementor-widget-text-editor\" data-id=\"6f331681\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t11 de December de 2025\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-38620cd1 elementor-widget elementor-widget-text-editor\" data-id=\"38620cd1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>The business environment for 2026 will be characterized by more moderate growth, with Asia remaining a key driver. Companies will need to seize opportunities in emerging markets, while managing weak European demand and the reconfiguration of supply chains. <\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-726257ca elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"726257ca\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a6f8df3 elementor-widget elementor-widget-image\" data-id=\"a6f8df3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/amec.es\/comunidad\/colab\/\">\n\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"295\" src=\"https:\/\/amec.es\/wp-content\/uploads\/2025\/11\/Banner-Nota-commodities-1-1024x377.png\" class=\"attachment-large size-large wp-image-43474\" alt=\"\" srcset=\"https:\/\/amec.es\/wp-content\/uploads\/2025\/11\/Banner-Nota-commodities-1-1024x377.png 1024w, https:\/\/amec.es\/wp-content\/uploads\/2025\/11\/Banner-Nota-commodities-1-300x110.png 300w, https:\/\/amec.es\/wp-content\/uploads\/2025\/11\/Banner-Nota-commodities-1-768x283.png 768w, https:\/\/amec.es\/wp-content\/uploads\/2025\/11\/Banner-Nota-commodities-1-600x221.png 600w, https:\/\/amec.es\/wp-content\/uploads\/2025\/11\/Banner-Nota-commodities-1.png 1280w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-62342165 elementor-widget elementor-widget-text-editor\" data-id=\"62342165\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h5><strong>Global Economic Outlook<\/strong><\/h5><p>UNCTAD projects <strong>global growth to slow to 2.6% in 2025 and 2026<\/strong>, down from 2.9% in 2024. This slowdown reflects persistent geopolitical uncertainty, trade policy volatility and the impact of U.S. tariffs. <\/p><p>The dynamism observed in early 2025 was driven by specific sectors, particularly the <strong>accelerated deployment of AI technologies<\/strong> and<em>frontloading<\/em> <strong>of imports<\/strong> by businesses and consumers in anticipation of the entry into force of tariff measures. However, overall investment spending remains subdued, limiting prospects for sustained expansion. <\/p><ul><li><strong>United States:<\/strong> Will experience a substantial slowdown (1.8% in 2025 and 1.5% in 2026).<\/li><li><strong>The European Union:<\/strong> slow growth (1.3% in 2025 and 1.4% in 2026).<\/li><li><strong>China:<\/strong> Stable at 5.0% by 2025, before moderating to 4.6% in 2026, thanks to the diversification of its export markets to ASEAN and Africa, and expansionary fiscal policies.<\/li><li><strong>India:<\/strong> Continues to stand out with 6.4% growth in both years, driven by public and private investment.<\/li><\/ul><h5><strong><span style=\"color: #ffffff;\">_<\/span><br>Global Trade: Moderate Growth and Mixed Prospects<\/strong><\/h5><p><strong>World trade in goods will grow 6% in 2025<\/strong> in value terms, partially driven by higher prices, according to UNCTAD. Projections are more conservative when looking at trade in volume terms: the WTO estimates goods trade volume growth at 2.4% by 2025. <\/p><p><strong>By 2026<\/strong>, the WTO estimates 0.5% growth for goods trade volume as the full effects of tariffs are felt and the momentum of <em>frontloading<\/em> dissipates.<\/p><p><strong>AI-related trade<\/strong> has accounted for approximately 15.5% of global trade in goods, especially in economies such as the United States. <strong>East Asia, Africa and South-South trade<\/strong> have been the main drivers of world trade in 2025, reinforcing the diversification and resilience of the global trading system.<\/p><h5><strong><span style=\"color: #ffffff;\">_<\/span><br>Manufacturing Activity and Production Dynamics<\/strong><\/h5><p>The November PMI data show that, at a global level, <strong>manufacturing activity continued to grow<\/strong> in November, although with less dynamism. Both production and new orders expanded, but to a lesser extent. Countries such as <strong>Thailand, India, Vietnam and Colombia<\/strong> lead in terms of the production index.  <\/p><p>However, <strong>new export orders declined<\/strong> for the eighth consecutive month worldwide, evidencing that market uncertainty continues to weaken international trade flows.<\/p><p><strong>In the euro zone, the picture is more worrisome.<\/strong> The manufacturing PMI fell to 49.6, indicating contraction in the sector as a whole. <strong>Germany and France<\/strong> recorded their lowest manufacturing PMIs in nine months. In France, political uncertainty is postponing investment decisions, while in Germany there is dissatisfaction with the performance of the federal government. <\/p><h5><strong><span style=\"color: #ffffff;\">_<\/span><br>Prices and Costs<\/strong><\/h5><p>In the euro zone, <strong>input costs rose sharply<\/strong>, the strongest since March. In contrast, <strong>selling prices<\/strong> of manufactured goods fell for the sixth time in the last seven months, reflecting limited pricing power on the part of manufacturers in the face of weak demand. <\/p><p>European companies also report <strong>material shortages<\/strong> at suppliers and difficulties in purchasing items from international suppliers.<\/p><p><strong>The price of copper has soared in 2025<\/strong>: it is more than 25-30% higher than a year ago. The movement does not seem to be merely punctual, but linked to a structural deficit between supply and demand. <\/p><ul><li>Demand is strongly driven by the <strong>energy transition<\/strong>: renewables, power grids, electrification of transportation and energy-intensive data centers and cabling.<\/li><li><strong>Mining supply is not growing<\/strong> at the same pace due to lack of sufficient investment, very long lead times to open new mines and operational\/regulatory problems in key producers (Chile, Peru, etc.).<\/li><li>This is compounded by <strong>trade tensions<\/strong> (e.g. U.S. tariffs on copper products and response from other countries).<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ff31717 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ff31717\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-730bebf1\" data-id=\"730bebf1\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-164d65d6 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"164d65d6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5dedbf8 elementor-widget elementor-widget-image\" data-id=\"5dedbf8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/amec.es\/comunidad\/colab\/\">\n\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"295\" src=\"https:\/\/amec.es\/wp-content\/uploads\/2025\/11\/Banner-Nota-commodities-1-1024x377.png\" class=\"attachment-large size-large wp-image-43474\" alt=\"\" srcset=\"https:\/\/amec.es\/wp-content\/uploads\/2025\/11\/Banner-Nota-commodities-1-1024x377.png 1024w, https:\/\/amec.es\/wp-content\/uploads\/2025\/11\/Banner-Nota-commodities-1-300x110.png 300w, https:\/\/amec.es\/wp-content\/uploads\/2025\/11\/Banner-Nota-commodities-1-768x283.png 768w, https:\/\/amec.es\/wp-content\/uploads\/2025\/11\/Banner-Nota-commodities-1-600x221.png 600w, https:\/\/amec.es\/wp-content\/uploads\/2025\/11\/Banner-Nota-commodities-1.png 1280w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5f28b82e elementor-widget elementor-widget-spacer\" data-id=\"5f28b82e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The business environment for 2026 will be characterized by more moderate growth, with Asia remaining a key driver. Companies will need to seize opportunities in emerging markets, while managing weak European demand and the reconfiguration of supply chains. Global Economic Outlook UNCTAD projects global growth to slow to 2.6% in 2025 and 2026, down from [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_canvas","meta":{"inline_featured_image":false,"footnotes":""},"categories":[355],"tags":[],"class_list":["post-45213","page","type-page","status-publish","hentry","category-exclusive-alerts-and-trends"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Global economic and trade outlook (December 2025) | amec Positive Industry<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/amec.es\/en\/global-economic-and-trade-outlook-december-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Global economic and trade outlook (December 2025) | amec Positive Industry\" \/>\n<meta property=\"og:description\" content=\"The business environment for 2026 will be characterized by more moderate growth, with Asia remaining a key driver. 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Global Economic Outlook UNCTAD projects global growth to slow to 2.6% in 2025 and 2026, down from [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/amec.es\/en\/global-economic-and-trade-outlook-december-2025\/\" \/>\n<meta property=\"og:site_name\" content=\"amec Positive Industry\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-11T11:10:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/amec.es\/wp-content\/uploads\/2025\/11\/Banner-Nota-commodities-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"471\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/amec.es\\\/en\\\/global-economic-and-trade-outlook-december-2025\\\/\",\"url\":\"https:\\\/\\\/amec.es\\\/en\\\/global-economic-and-trade-outlook-december-2025\\\/\",\"name\":\"Global economic and trade outlook (December 2025) | amec Positive Industry\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/amec.es\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/amec.es\\\/en\\\/global-economic-and-trade-outlook-december-2025\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/amec.es\\\/en\\\/global-economic-and-trade-outlook-december-2025\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/amec.es\\\/wp-content\\\/uploads\\\/2025\\\/11\\\/Banner-Nota-commodities-1-1024x377.png\",\"datePublished\":\"2025-12-11T09:21:01+00:00\",\"dateModified\":\"2025-12-11T11:10:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/amec.es\\\/en\\\/global-economic-and-trade-outlook-december-2025\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/amec.es\\\/en\\\/global-economic-and-trade-outlook-december-2025\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/amec.es\\\/en\\\/global-economic-and-trade-outlook-december-2025\\\/#primaryimage\",\"url\":\"https:\\\/\\\/amec.es\\\/wp-content\\\/uploads\\\/2025\\\/11\\\/Banner-Nota-commodities-1-1024x377.png\",\"contentUrl\":\"https:\\\/\\\/amec.es\\\/wp-content\\\/uploads\\\/2025\\\/11\\\/Banner-Nota-commodities-1-1024x377.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/amec.es\\\/en\\\/global-economic-and-trade-outlook-december-2025\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Portada\",\"item\":\"https:\\\/\\\/amec.es\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Global economic and trade outlook (December 2025)\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/amec.es\\\/#website\",\"url\":\"https:\\\/\\\/amec.es\\\/\",\"name\":\"amec Positive Industry\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/amec.es\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/amec.es\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/amec.es\\\/#organization\",\"name\":\"amec Positive Industry\",\"url\":\"https:\\\/\\\/amec.es\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/amec.es\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/amec.es\\\/wp-content\\\/uploads\\\/2023\\\/07\\\/logoamec.png\",\"contentUrl\":\"https:\\\/\\\/amec.es\\\/wp-content\\\/uploads\\\/2023\\\/07\\\/logoamec.png\",\"width\":200,\"height\":48,\"caption\":\"amec Positive Industry\"},\"image\":{\"@id\":\"https:\\\/\\\/amec.es\\\/#\\\/schema\\\/logo\\\/image\\\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Global economic and trade outlook (December 2025) | amec Positive Industry","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/amec.es\/en\/global-economic-and-trade-outlook-december-2025\/","og_locale":"en_US","og_type":"article","og_title":"Global economic and trade outlook (December 2025) | amec Positive Industry","og_description":"The business environment for 2026 will be characterized by more moderate growth, with Asia remaining a key driver. 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