IMF keeps forecast global GDP growth at 3.4% in 2017 and 3.6% in 2018

The International Monetary Fund (IMF) has upheld this year's forecast of global GDP growth at 3.4 percent for this year and 3.6 percent for 2018. "Economic activity in both developed economies, as well as the 'emerging markets' will increase in 2017-2018,” the IMF said in a report released on Monday. The October forecast for the euro zone amounted to 1.6 percent for 2017 and 2018. This represents an increase against expectations in October of 0.1 pp. for 2017 and no change in the forecast for 2018.