IMF Predicts Modest Growth of Global Economy in 2013

(Beijing) – Global economic growth will increase over 2013, but it will be more gradual than previously expected, the International Monetary Fund (IMF) says.

In a report updating the World Economic Outlook, the IMF projects that global economic expansion will strengthen to 3.5 percent in 2013, up from 3.2 percent in 2012. The projection is a decrease of 0.1 percentage points from an October forecast.