In its first update to forecasts since the Mideast war erupted, the IMF said eurozone exporters are also exposed to the euro's strength against the dollar and other currencies, which makes their products more expensive on global markets

In its first update to forecasts since the Mideast war erupted, the IMF said eurozone exporters are also exposed to the euro's strength against the dollar and other currencies, which makes their products more expensive on global markets

Economic growth across the eurozone will slow to an estimated 1.1 percent this year as higher energy prices weigh on manufacturing, the International Monetary Fund said Tuesday.

In its first update to forecasts since the Mideast war erupted, the IMF said eurozone exporters are also exposed to the euro's strength against the dollar and other currencies, which makes their products more expensive on global markets.

Originally published on doc.afp.com, part of the BLOX Digital Content Exchange.

Tags

Recommended for you