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IMF Lowers Global Economic Growth Forecast, Raises China Growth Forecast

2026-07-08 13:02

Odaily Planet Daily News The International Monetary Fund (IMF) released an update to its World Economic Outlook report on the 8th, lowering its global economic growth forecast for 2026 by 0.1 percentage points to 3%, and raising its economic growth forecast for China by 0.2 percentage points to 4.6%. The report also lowered its growth forecast for advanced economies by 0.1 percentage points to 1.7%, and lowered its growth forecast for emerging markets and developing economies by 0.1 percentage points to 3.8%. (Xinhua News Agency)