Azerbaijan, Baku, Sept. 20 /Trend E. Aliyev/
Fitch international ratings agency revised outlook for global GDP growth in 2013 downwards, Global Economic Outlook report published by the agency said.
"The agency's experts forecast global GDP growth in 2013 at 2.3 percent, which is 0.1 percent lower than the expected outlook for June of this year. In 2014, the global GDP growth will amount to 2.9 percent, decreasing by 0.2 percent in comparison to the previous outlook," report said.
The agency left the same outlook for 2015 unchanged and in particular, Fitch expects global GDP growth of 3.2 percent.
"The outlook revision was caused by softer data from the U.S., than it was expected, as well as lowering of outlooks for most emerging markets, which indicates the increasing influence of developing countries in the global economy," the document said.
Alongside with this, the agency's experts, underscored that the dynamics of growth of the world economy will improve in the second half of 2013 and in 2014.
"GDP in most developed world economies will grow on average by 0.9 percent in 2013, by 1.8 percent in 2014, as well as by 2.1 percent in 2015," the report said.
Fitch confirmed the expectations on lowering the prices for oil to $105 and $100 per barrel in 2013 and 2014 respectively, and kept the forecasted price per barrel of oil in 2015 at the level of $100.
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