The International Monetary Fund building, on April 5, 2021, in Washington. (AP Photo/Andrew Harnik, File)
WASHINGTON (Kyodo) — The International Monetary Fund said Friday that global economic growth for 2025 is forecast at 3.3 percent, up 0.1 percentage point from its estimate in October, driven by the strong U.S. economy.
But the growth prospects for many other major economies, including Germany and Japan, were revised downward or kept at the same weak level. The IMF said world growth in 2026 is also expected to be 3.3 percent, unchanged from its previous estimate.
While global headline inflation is projected to fall to 4.2 percent in 2025 and 3.5 percent in 2026, the IMF warned in its latest World Economic Outlook report that multilateral cooperation is vital in sustaining growth and dealing with international challenges.
…