the United kingdom It will see a decline of -0.6% in 2023, with a downward revision of nine-tenths compared to October, reflecting tighter fiscal and monetary policies and financial conditions and continued high retail energy prices, which is affecting the domestic economy according to the International Monetary Fund. (International Monetary Fund).
In this way, the international organization reflects the difficulties that the British economy is going through yet Britain’s exit from the European Union. The International Monetary Fund has also improved the growth prospects in the eurozone by a tenth
The organization presented its latest global growth outlook on Monday and indicates that the euro area will grow by an average of 0.7% in 2023, two-tenths more than expected last October, and will increase by 1.6% in 2024, one-tenth less.
Thalia and Germany They will not score red numbers this year, as planned. Italy will grow 0.6%, eight-tenths more than previously forecast, and Germany 0.1%, four-tenths more.
Expectations France It has not changed and will grow this year by 0.7%, while it will recover in 2024 to 1.6%, like Germany (1.4%) and Italy to a lesser extent (0.9%).
Spain It is the only economy among the four major economies (the only ones mentioned by the IMF) that has worsened its forecast, although it will continue to grow the most, by 1.1% in 2023 (two tenths less than calculated in October) and 2, 4 % in 2024 (one tenth less).
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