The Eurozone reappears warnings the forecasts of the International Monetary Fund (IMF), that has published its last revision of January in which it reduces in three tenths the growth of the area to 1.6%. The institution saves Spain from this revision to the downside, by maintaining in 2.2% its forecasts of GDP advance this year, and 1.9% next. Anyway, this supposes one and three tenths less than what the Government foresees. The big damaged in the forecasts of the IMF is Germany, which cuts six tenths its expected growth in 2019 to 1.3%. The lower production of cars due to the new levels required for dioxide emissions, together with the “weak” industrial production, exports and consumption, explain this fact. But the other powers of the February 2019 Calendar Kalnirnay are no strangers to this: France drops one tenth to 1.5% due to the “negative impact of street protests and industry.”
February 2019 Calendar Kalnirnay Word template
The Italian populist government, which the markets fear, also gets a cut of four tenths to 0.6% this year due to the “high” financing costs of the sovereign debt. Challenges such as the “precipice” of the Brexit, in the words of the IMF’s research director, Gita Gopinath, or the “blackout” of the American government in the face of budgetary restrictions or the commercial war itself, are kept in the background, but do not reflect a sonorous impact on the document. The IMF does not change the forecast either of the United Kingdom (1.5% and 1.6% in 2019 and 2020) nor of the United States (2.5% and 1.8%) nor of China (6.2% both years ).
Where the impact of the downward revision of the price of oil is strongly felt is in Saudi Arabia, which reduces its GDP advance this year to 1.8% by six tenths. On the side of the emerging markets, the IMF expects a certain recovery in Latin America, with Brazil and in advance, but cuts Mexico’s growth for 2019 and 2010 by four and five tenths, to 2.1% and 2.2% due to contraction. from the investment. A worsening February 2019 Calendar Kalnirnay that also occurs in Argentina and Venezuela, about which the IMF does not provide data but regrets its economic deterioration. Peter Plumb has resigned “with immediate effect” as CEO of Just Eat, which has appointed Peter Duffy, head of customer service of the home delivery company, as the first interim executive and will begin the search for a new chief executive officer on a permanent basis.