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Q3 Growth Of 0.1% On Slower Exports... "Looks Likely To Be Below 2.4% This Year" [Anchor Report]

2024.10.24 PM 07:02
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The International Monetary Fund and the IMF maintained their global economic growth forecast for this year at 3.2% amid the unstable global economy due to the Russia-Ukraine war and the Israel-Hamas war.


It's the same level as the announcement last July.

For the U.S. growth rate this year, the IMF forecast 2.8%, up 0.2 percentage points from July.

It was analyzed that the fact that real wages rose and consumption improved affected it.

The eurozone, on the other hand, has seen its growth forecast revised down to 0.8% this year.

Japan lowered its growth forecast for the year to 0.3%, 0.4 percentage points lower than in July.

This is because it reflects sluggish car production and tourism.

China forecast down 0.2 percentage points to 4.8%.

How did our country forecast it?

The IMF offered 2.5%, the same as the announcement in July.

The figure is the same as the forecast of the Organization for Economic Cooperation and Development and the Korea Development Institute.

However, concerns are growing as economic report cards grew only 0.1% in the third quarter of this year due to sluggish exports.

The Bank of Korea predicted economic growth of 2.4% this year, but even this is unlikely to be achieved.



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