The IMF has improved its forecast for world economic growth this year to 3.2 percent. | Business

The International Monetary Fund (IMF) on Tuesday improved its forecast for global economic growth in 2024 to 3.2 percent. from 3.1 percent, which was announced at the end of January.

The forecast for 2025 remained unchanged – expansion of 3.2 percent.

The US economic growth forecast for this year has risen from 2.1 percent. to 2.7 percent, China’s – remained unchanged – 4.6 percent, euro zone – reduced from 0.9 percent. up to 0.8 percent, and Germany alone – from 0.5 percent. up to 0.2 percent, France – from 1.0 percent. up to 0.7 percent. The growth forecast for the United Kingdom economy has been cut from 0.6 percent. to 0.5 percent, Japan’s – unchanged – 0.9 percent.

According to the IMF’s new estimates, the US gross domestic product will increase by 1.9 percent next year. (previous forecast – 1.7%), China – 4.1%. (4.1 percent), euro zone – 1.5 percent. (1.7 percent), Germany – 1.3 percent. (1.6 percent), France – 1.4 percent. (1.7 percent), in the UK – 1.5 percent. (1.6 percent), Japan – 1.0 percent. (0.8 percent).

Global inflation forecasts for this year and next year have been increased by 0.1 percentage point to 5.9 percent, respectively. and 4.5 percent. The IMF left in place forecasts of average consumer price growth in developed economies – 2.6 percent, respectively. and 2.0 percent, and in the countries of emerging markets and developing economies – increased by 0.2 percentage points to 8.1 percent, respectively. and 6.2 percent.

The forecasts for the growth of international trade in 2024 and 2025 have deteriorated by 0.3 percentage points to 3.0 percent, respectively. and 3.3 percent.


#IMF #improved #forecast #world #economic #growth #year #percent #Business
2024-04-19 08:17:34

Photo of author

Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

Nicaragua also breaks diplomatic relations with Ecuador and expresses solidarity with Mexico

Philippine Foreign Minister Calls on China to End Hangover

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.