Moody's: economic growth is accelerating next year

Year 2014 is expected to be below the average in terms of world economic growth, but the outlooks for the next year are better – Moody's Investors Service predicted in its global forecast in London on Monday.

The world's biggest economy analyst and credit rating group forecasts that this year an approximately 2.8 percent increase is expected in the world economy, while for 2015 the Moody’s calculates with a 3.2 percent of global GDP expansion.

According to Moody’s, the American economy is expected to grow by 2 percent in 2014 and 3 percent in 2015. (MTI)