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1.Market Observations, 2.Economic forecasts, 8.Was Sticky

5 Oct 2016 (AFR) – IMF trims growth forecast as the world and Australia ‘move sideways’

(5 October 2016, AFR, p1, by Geoff Winestock)

‘The International Monetary Fund has trimmed its forecasts for Australia and the world for 2017 warning economic growth is moving “sideways”. The global economy is expected to grow 3.4 per cent next year, 0.1 percentage point less than in the IMF’s previous world economic outlook six months ago, largely because of disappointing growth in the US and the shockwaves from Brexit.’

Read more (and see the graph of Country GDP over time) at AFR.com (might need AFR login access, or try: AFR.com/trial)

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