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Oct 11, 2017 @ 10:17

Find out IMF’s October 2017 forecasts for global growth

 

By Agence France-Presse

The IMF’s semi-annual World Economic Outlook released Tuesday revised globalgrowth up to 3.6 percent for this year, citing robust expansion in Asia and improving US performance, among other factors.

Here are the International Monetary Fund’s new forecasts for percent GDP growth, with percentage point changes, if any, from July’s forecasts given in parentheses.
2017 2018
—— ——
GDP growth
——————
World
3.6% (0.1) 3.7% (0.1)
Advanced Economies
2.2% (0.2) 2.0% (0.1)
United States 2.2% (0.1) 2.3% (0.2)
Eurozone
2.1% (0.2) 1.9% (0.2)
Germany 2.0% (0.2) 1.8% (0.2)
France 1.6% (0.1) 1.8% (0.1)
Italy 1.5% (0.2) 1.1% (0.1)
Spain 3.1% 2.5% (0.1)
Japan 1.5% (0.2) 0.7% (0.1)
Britain 1.7% 1.5%
Canada 3.0% (0.5) 2.1% (0.2)
Emerging market and developing economies
4.6% 4.9% (0.1)
Russia 1.8% (0.4) 1.6% (0.2)
China 6.8% (0.1) 6.5% (0.1)
India 6.7% (-0.5) 7.4% (-0.3)
ASEAN-5* 5.2% (0.1) 5.2% (0.0)
Latin America and the Caribbean
1.2% (0.2) 1.9%
Brazil 0.7% (0.4) 1.5% (0.2)
Mexico 2.1% (0.2) 1.9% (-0.1)
Middle East, North Africa, Pakistan and Afghanistan
2.6% 3.5% (0.2)
Sub Saharan-Africa
2.6% (-0.1) 3.4% (-0.1)
Nigeria 0.8% 1.9%
South Africa 0.7% (-0.3) 1.1% (-0.1)
Consumer prices
——————-
Advanced Economies
1.7% (-0.2) 1.7% (-0.1)
Emerging market and developing economies
4.2% (-0.3) 4.4% (-0.2)
*Indonesia, Malaysia, Philippines, Thailand and Vietnam (AFP)

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