IMF sees global economic growth slowing slightly – Standard

The international economy is growing slightly slower this year than in 2014 and going forward more slowly than previously thought. That predicts the International Monetary Fund (IMF) published Thursday in an update of its economic forecasts. In the euro zone’s economic recovery on track, it sounds.

The IMF expects the global economy this year, growing by 3.3 percent, after an increase of 3.4 percent in 2014 . In April the fund went from a growth of 3.5 percent. The delay is mainly due to one-off factors, such as the severe winter weather in the first months of 2015, a heavy put the brakes on the US economy. For 2016 a growth forecast of 3.8 percent. Especially in emerging economies, growth is temporarily down, predicts the IMF.

For the eurozone unchanged growth of 1.5 percent predicted in 2015, followed by a plus of 1.7 percent (previous month 1 , 6 percent). Fund economists were thereby more positive on the outlook for Spain and Italy. The recent developments in Greece put the economy of that country under heavy pressure, the IMF expects. A new concrete forecast for the ailing country was not published.

“The economic recovery in the eurozone is broadly on track,” the IMF said. The coin fund achieves a robust recovery in domestic demand and the start of a rising inflation. For many countries of the currency union, the forecasts were raised, but the current developments in Greece “will likely require the economy a much larger toll ‘than previously expected. The IMF sees no contagion risk, although some risks remain that could cause financial turmoil.