More from IMF-I think an thinly vailed attempt to say O'key we are slowing- but no, no. not recession
c The Associated Press
By The Associated Press
Economic growth forecasts for country groupings and selected countries from the International Monetary Fund's revised ''World Economic Outlook.'' The first figure is the IMF's projection for economic growth in 1997, the second the IMF forecast for 1998, the third the percentage-point change in the 1998 figure from an October forecast:
World output: 4.1 percent, 3.5 percent, -0.8 percentage point
Industrial nations: 2.8 percent, 2.3 percent, -0.2 percentage point
Developing nations: 5.9 percent, 4.9 percent, -1.3 percentage point
Africa: 3.4 percent, 4.7 percent, -0.3 percentage point
Asia: 6.8 percent, 5.7 percent, -1.7 percentage point
Middle East, Europe: 4.1 percent, 3.6 percent, -0.6 percentage point
Central, Eastern Europe: 2.4 percent, 3.4 percent, -0.2 percentage point
Western Hemisphere: 5.2 percent, 3.5 percent, -0.9 percentage point
United States: 3.8 percent, 2.4 percent, -0.2 percentage point
Japan: 1.0 percent, 1.1 percent, -1.0 percentage point
Germany: 2.3 percent, 2.6 percent, -0.2 percentage point
France: 2.3 percent, 2.7 percent, -0.1 percentage point
Italy: 1.3 percent, 2.3 percent, +0.2 percentage point
Britain: 3.5 percent, 2.4 percent, -0.2 percentage point
Canada: 3.7 percent, 3.2 percent, -0.3 percentage point
Thailand: 0.6 percent, 0.0 percent, -3.5 percentage points
Indonesia: 5.0 percent, 2.0 percent, -4.2 percentage points
Malaysia: 4.3 percent, 3.8 percent, -1.2 percentage points
Philippines: 4.3 percent, 3.8 percent, -1.2 percentage points
Hong Kong: 5.3 percent, 4.1 percent, -0.9 percentage point
South Korea: 6.0 percent, 2.5 percent, -3.5 percentage points
China: 8.8 percent, 7.5 percent, -1.5 percentage point
AP-NY-12-20-97 1332EST
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