IMF expects a smaller economic downturn this year than before
The International Monetary Fund (IMF) is signaling a less deep global economic downturn this year than its previous forecast, but expects a lengthy and cumbersome improvement, so it has also slowed future growth in its latest global economic growth forecast published on Tuesday.
The IMF marks a 4.4 percent decline in global gross domestic product (GDP) by 2020 in the World Economic Outlook (WEO) world economic forecast, followed by a 5.2 percent increase next year. (MTI)
Related news
German exports fell by 1.6 percent and imports by 6.2 percent in the first half of this year
Germany’s exports and imports decreased in the first six months…
Read more >
Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >
Agrometeorology: the rain was good for sunflowers and corn, but not for wheat and canola waiting to be harvested
The rainy weather of the past week was good for…
Read more >
More related news >
Related news
Márton Nagy: Domestic consumption is strengthening
Domestic consumption is strengthening, internal demand and the performance of…
Read more >
Eurozone inflation accelerated to 2 percent in October
On an annual level, the increase in consumer prices in…
Read more >
KSH: in August, the product foreign trade surplus was 443 million euros
In August, the volume of exports decreased by 5.6 percent…
Read more >
