The UN gave a forecast for international financial progress – 2024-05-19 22:28:23

by times news cr

2024-05-19 22:28:23

UN economists have improved their forecast for international financial progress in 2024 to 2.7% from the two.4% anticipated in January, Day.Az reviews just about Interfax.

In 2025 it can enhance by 2.8%, whereas beforehand anticipated 2.7%.

The revision of the estimate for the present yr is especially because of extra optimistic adjustments within the economies of plenty of giant developed and creating nations, together with Brazil, India, Russia and the USA, the group’s report says.

In keeping with UN estimates, the US financial system will enhance by 2.3% this yr (in January it was anticipated to be 1.4%), the UK – by 0.8% (by 0.4%), China – by 4.8% (by 4 .7%), Brazil – by 2.1% (by 1.6%), India – by 6.9% (by 6.2%), Japan – by 1.2% (no change).

China’s GDP progress could gradual in 2024 to 4.7% from 5.3% final yr, Brazil – to 1.6% from 3.1%, Russia – to 1.3% from 2.7%.

On the similar time, forecasts for the European Union and the eurozone have been revised downwards – to 1% from 1.2% and to 0.8% from 1.1%, respectively.

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