The upturn was evident in the United States, the eurozone and Japan (figure 1.1), along with continued strong performance by China and gradual recovery in major commodity exporters. This momentum is expected to be largely sustained, although there is an element of uncertainty. Global output is projected to grow by 3 and 3.1 per cent in 2018 and 2019 respectively, on par with an estimated 3 per cent growth in 2017; slight easing in growth in developed economies is expected to be offset by a rebound in developing economies, including commodity exporters in Africa and Latin America (figure 1.2). The eurozone is expected to further transition from recovery to expansion (European Commission, 2018).