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Economy

xchrom

(108,903 posts)

13. IMF lowers its global growth forecast for 2014

Reply to Tansy_Gold (Original post)

Fri Jul 25, 2014, 06:58 AM

Jul 2014

http://www.bbc.com/news/business-28470034

The International Monetary Fund (IMF) has lowered its forecast for global economic growth this year, from 3.7% to 3.4%.

The reduction reflects a weak start to the year in the United States and a number of downgrades to the outlook for several other individual economies.

However there were uplifts for some countries, the largest being the UK.

The global forecast for 2015 is unchanged, with growth predicted to be 4%.

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