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World economy: IMF lowers economic forecast more

trade conflicts, Brexit and a weakening Euro zone, the IMF corrected its forecast for global economic growth down further. From 2020, but reached a stable level.

After two years of the recovery, the global economy is slowing growth. This is one of the in Washington published world economic report the International monetary Fund (IMF). Accordingly, the world economy will grow in the current year by only 3.3 percent. In the previous year, it was 3.6 percent.

production data of the industry and the survey of purchasing managers pointed to the fact that the first half of the year is likely to be 2019 weaker than the second. Thus, the IMF needs to take back its already in the January downward revision of the forecast once again.

Christine Lagarde, Director of the IMF, warned of increasing trade conflicts.

"the world economy at a sensitive point"

The reason for this is, among other things, the trade disputes between the United States and China, as well as the European Union. In China, where the growth of 6.6 per cent to 6.3 per cent in the current year and 6.1 percent in 2020 to go, would be in addition to the battle of the regulators about shadow banking and excessive debt.

another reason for the slowdown in economic growth in Europe. The Euro-zone have lost more momentum than anticipated, in France, in part because of the "yellow West"protests, in the UK, due to the Brexit-uncertainty.

in Germany, Too, will be halved from 1.5 per cent in the past year almost and 2020, to 1.4 percent. One reason for this is that the car production in Germany has been weakened by new emission standards, says the report. IMF Boss Christine Lagarde had already said a week ago, the world economy is at a delicate point.

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