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The global growth rate of 3.9% continues to grow … "Tax reductions" financial effects "The United States grew 2.9% year-over-year
(Washington-AP) The International Monetary Fund (IMF) has highlighted the possibility of new trade disputes as a major threat to global economic growth and lowered growth forecasts for Europe, Japan and the United States. United Kingdom this year.
The revision report of the World Economic Outlook released by the International Monetary Fund (IMF) said Wednesday that it expected global economic growth of 3.9% this year . We maintain our forecasts published in April.
The IMF announces its annual economic growth forecast in April and October of each year and updates its growth forecasts separately in the revised report.
Growth forecasts for developed countries are 2.4% this year, down 0.1% from April. For the following year, he stayed at 2.2%. Growth rates in emerging and developing countries remained at 4.9% this year and 5.1% next year.
By region, the IMF expects the growth momentum of the euro zone to slow down somewhat.
Europe's growth rate for the year fell from 0.2% to 2.2% against 2.4%. 2.2% in Germany, 1.8% in France and 1.2% in Italy.
Japan fell 1.2% to 1.0%, while Britain fell 0.2% to 1.6% from 1.4%.
The United States is expected to grow 2.9% this year and 2.7% next year. It's the same as last April's forecast.
Maurice Obspelde, Chief Economist, said: "Overall, the growth rate of the euro area, Japan and the United Kingdom is slowing, but the growth rate of the United States is faster than expected. .
China, ranked among emerging and developing countries, forecasts growth of 6.6% this year and 6.4% next year, as in April.
Brazil's economic growth forecast for this year's slowdown was revised downward by 0.5 percentage points from 2.3% to 1.8%, while growth forecasts for oil-producing countries increased from 0.2% to 1.9%.
Korea has not been included separately in this announcement. Previously, the IMF predicted that Korea's growth rate would be 3.0% this year and 2.9% next year.
The IMF cited the "trade conflict" of the Donald Trump Administration of the United States as the greatest risk to the global economy.
The IMF pointed out that this threat to trade policy has emerged and that the psychology of economic activity has become a reality. World production is expected to fall by 0.5 percent below the current level by 2020.
"The global economy continues to grow, but it is slowing down," said the chief economist of Observer, "we are vulnerable to some threats and, in the short term, the largest threat is the trade conflict. "
In response, the IMF reduced its forecast growth in world trade (goods and services) by 0.3 percentage points, from 5.1% to 4.8%.
In addition, he advised to pay attention to the tightening of the Federal Reserve System (Fed), the emergence of capital outflows in emerging markets and political uncertainties in Europe and Latin America.
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