Saturday July 4, 2020

IMF cuts global growth outlook to 3.3%

The International Monetary Fund has cut its global growth forecast for the third time this year, citing weaker growth in the euro area, Japan and emerging economies like Russia and Brazil.

7th October, 2014
The IMF said heightened geopolitical risks could prove more persistent over the coming year

The International Monetary Fund has cut its global growth forecast for the third time this year, citing weaker growth in the euro area, Japan and emerging economies like Russia and Brazil.

The body cut its forecast for global growth to 3.3 per cent this year and 3.8 per cent next year. Previously, the IMF had expected 3.4 per cent growth this year and about 4 per cent in 2015.

Potential growth rates — the pace at which annual output can...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 6 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago