IMF updates World Economic Outlook (WEO) 2015 Growth Outlook
- Cuts 2015 global growth forecast from 3.5% to 3.3%
- Cuts Advanced Economies 2015 GDP from 2.4% to 2.1%
- Cuts EM and Developing Economies 2015 GDP from 4.3% to 4.2%
- Maintains Euro Area (Eurozone) 2015 GDP at 1.5%
- Cuts US 2015 GDP from 3.1% to 2.5%
- Maintains German 2015 GDP growth at 1.6%
- Maintains France 2015 GDP growth at 1.2%
- Cuts UK 2015 GDP growth from 2.7% to 2.4%
- Cuts Japan 2015 GDP growth from 1.0% to 0.8%
- Maintains China 2015 GDP growth at 6.8%
- Raises Russia 2015 GDP from -3.5% to -3.4%
2016 Growth Outlook
- Maintains 2016 global growth forecast at 3.8%
- Maintains Advanced Economies 2016 GDP at 2.4%
- Maintains EM and Developing Economies 2016 GDP at 4.7%
- Raises Euro Area (Eurozone) 2016 GDP from 1.6% to 1.7%
- Cuts US 2016 GDP from 3.1% to 3.0%
- Raises German 2016 GDP growth from 1.6% to 1.7%
- Maintains France 2016 GDP growth at 1.5%
- Cuts UK 2016 GDP growth from 2.3% to 2.2%
- Maintains Japan 2016 GDP growth at 1.2%- Maintains China 2016 GDP at 6.3%
- Raises Russia 2016 GDP from -1.1% to +0.2%