The positive trend is expected due to the increase in oil prices.
The volume of production in Russia will grow in 2019 to 1.8 percent, according to IMF experts. The positive trend is expected due to the increase in oil prices. However, on a global scale “growth has reached the ceiling.”
The international monetary Fund (IMF) raised its forecast growth in production in Russia by 0.3 percentage points to 1.8 percent in 2019. This follows from the report “prospects for the global economy”, published on Tuesday, October 9, the Washington-based specialized Agency of the UN.
In the forecasts for April and July, the IMF noted that the Russian economy will be strengthened 1.7 percent this year and 1.5 percent in the coming year.
“Nigeria, Kazakhstan, Russia and Saudi Arabia are among the oil exporters, who will benefit from higher oil prices,” – said in this regard, an economist at the International monetary Fund Maurice Obstfeld.
“The growth reached the ceiling”
However, the experts come to the conclusion that on a global scale “growth has reached the ceiling.” Compared to April reports, predicting its performance at 3.9 percent this year and in subsequent years, now experts have lowered your standards by 0.2 percentage points to 3.7 percent in 2018 and 2019.
The growth of US output in the next year will be fixed at 2.5 percent of the Eurozone in General and Germany in isolation – at around 1.9 percent.
Thus, the reduction of statistics and, in particular, against the United States did the introduction by the administration of President Donald trump tariffs on a wide range of imported goods from China and countermeasures of Beijing. China will also feel the slowdown, experts say.
In July the managing Director of the International monetary Fund Christine Lagarde warned that trade conflict between the US, China and European Union will cause serious damage to the world economy.
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