The global economy’s growth is expected to slow this year, while still turning in a solid performance, as high energy prices weigh on activity, the International Monetary Fund reported Wednesday.
After gaining by 5.1 percent in 2004, the global economy is projected to grow by 4.3 percent this year, the IMF said in its latest World Economic Outlook. The forecast for 2005 is unchanged from an estimate the IMF released in September.
