The International Monetary Fund (IMF) published its quarterly World Economic Outlook (WEO) report on 7 October. The paper predicts that the global economy will grow less than formerly anticipated, by around 3.3 percent in 2014 and 3.8 percent in 2015, which shows that in comparison to summer the institution cut expectations by 0.1 percentage point and 0.2 percentage points, respectively. In the case of Hungary, the Washington-based organization revised upward its prognosis in comparison to the previous quarter.
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(Ministry for National Economy)