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Indiaexportnews.com

Global economy may be slowing more than expected, IMF says

  05.12.2018    

GLOBAL economic growth may be slowing more than forecast only a month ago, underscoring the urgency for countries to pull back from a damaging trade war, the International Monetary Fund (IMF) warned.
The IMF downgraded its forecast for world growth last month, and recent data suggest the outlook is worse since then, the fund said, Bloomberg reports.
Financial conditions have tightened, especially in emerging markets, while trade tensions have increased, said the Washington-based fund.



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