The International Monetary Fund (IMF) has revised its global economic projections, lowering the world growth forecast for 2026 by 0.1 percentage points to 3%. In contrast, the IMF has raised its growth forecast for China by 0.2 percentage points to 4.6%.
The update to the World Economic Outlook report, released on the 8th, also includes a downward revision for developed economies, with their growth forecast trimmed by 0.1 percentage points to 1.7%. Similarly, the growth forecast for emerging market and developing economies was lowered by 0.1 percentage points to 3.8%.