, the International Monetary Fund unveils it's Gross Domestic Product expectations for the Emerging Market economies, the UK and Japan.IMF lifts 2023 GDP growth estimate for China by 0.8 percentage point to 5.2%; 2024 view unchanged at 4.5%.
IMF sees annualized inflation in emerging, developing economies slowing to 8.1% in 2023 from 9.9% in 2022; 2024 view at 5.5%.IMF sees Russia GDP growth rate at 0.3% in 2023, up 2.6 percentage points from its October projection.IMF raises 2023 GDP growth estimate for Brazil by 0.2 pct pt to 1.2%; 2024 view lowered to 1.5%.
IMF lowers 2023 GDP growth estimate for Saudi Arabia by 1.1 pct pts to 2.6%; 2024 view raised to 3.4%. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.