According to the recent report published by the International Monetary Fund, the IMF has downgraded its forecast for the global economic growth in 2012-2013.
The Fund expects the growth to reach 3.3% in 2012 and 3.6% in 2013. According to the summer forecast, the IMF expected +3,5% and+3,9 % correspondingly.
The forecast for Russia’s GDP has been downgraded as well (from 4% down to 3.7%). The average growth for emerging economies is expected to reach 5.3% and 5.6% in 2012 and 2013 correspondingly.
As for the eurozone, the forecast is much more negative: the union’s GDP is expected to decline by 0.4% instead of 0.3% this year. However, the eurozone economy will recover in 2013: +0.2% (against 0.7% stated in the previous forecast).
The US economy is going to boost by 2.2% and 2.1% in 2012 and 2013 correspondingly.
