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The Independent UK

National

Paul Wiseman

IMF's economic view: Brighter outlook for China and India but tepid global growth

International Monetary Fund China India PierreOlivier Gourinchas the International Monetary Fund Europe Japan United States Inflation Euro

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The International Monetary Fund is upgrading its economic outlook this year for China, India and Europe while modestly lowering expectations for the United States and Japan. But it says worldwide progress against accelerating prices has been slowed by stickier-than-expected inflation for services, from airline travel to restaurant meals.

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