World economic growth improving, even as U.S., UK potential slows-IMF

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World economic growth improving, even as U.S.,...
 © BusinessMail 2017
By David Chance

The current broad-based global economic upswing will likely be sustained this year and next, the International Monetary Fund said on Tuesday, with gains in most of the world offsetting sluggish outcomes in the United States, Britain and India.

The IMF upgraded its global economic growth forecast for 2017 by 0.1 percentage points to 3.6 percent, and to 3.7 percent for 2018, from its April and July outlook, driven by a pickup in trade, investment, and consumer confidence.

Forecasts for euro zone, Japan, China, emerging market Europe and Russia were all revised...


World economic growth improving, even as U.S., UK potential slows-IMF


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