- IMF lowers Eurozone growth forecast to 1.2% this year from 1.3% previously estimated
Market news
6 November 2019
IMF lowers Eurozone growth forecast to 1.2% this year from 1.3% previously estimated
- Sees GDP expanding by 1.4% both in 2020 and 2021 (previous estimate +1.5% in both years)
- Lowers Germany's growth forecast to 0.5% this year from 0.8% previously estimated, sees GDP expanding by 1.2% in 2020 (previous estimate +1.7%)
- Lowers France's growth forecast to 1.2% this year from 1.3% previously estimated, and lowers estimates also for 2020, 2021
- Confirms its forecast UK's GDP growth to slow to 1.2% this year from 1.4% in 2018, expects a rebound to 1.4% in 2020, assuming orderly Brexit
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