Moody’s revises forecast for G20 economies’ growth downwards to 2.8% in 2016

Moody’s has revised down its forecast for
GDP growth in the G20 economies to 2.8% next year,
from 3.1%
– Says that the revision mainly reflects the impact of a more marked slowdown now forecast in China and more prolonged negative effects of low commodity prices on G20 producers than earlier expected
Revised down GDP growth forecast for in 2016 to 6.3%, from 6.5% previously

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