TABLE — IMF nudges up global growth forecast on strong AI spending

BANGKOK, Oct 13 (Reuters) — The International Monetary Fund on Tuesday nudged up its global economic growth outlook for this year as strong AI investment offsets the energy shock from the war in the Middle East, but the global lender also warned that downside risks are mounting. 2026 estimates October vs prior estimates Octob Jul Apr Janua vs vs vs er y il ry July April January World 3.1 3.0 3.1 3.3 0.1 0.0 -0.2 United States 2.3 2.3 2.3 2.4 0.0 0.0 -0.1 Euro Area 1.1 0.9 1.1 1.3 0.2 0.0 -0.2 Germany 1.3 0.7 0.8 1.1 0.6 0.5 0.2 France 0.4 0.6 0.9 1.0 -0.2 -0.5 -0.6 Italy 0.8 0.5 0.5 0.7 0.3 0.3 0.1 Spain 2.5 2.1 2.1 2.3 0.4 0.4 0.2 Japan 0.7 0.6 0.7 0.7 0.1 0.0 0.0 United 1.3 1.0 0.8 1.3 0.3 0.5 0.0 Kingdom Canada 1.1 1.1 1.5 1.6 0.0 -0.4 -0.5 Emerging 3.7 3.8 3.9 4.2 -0.1 -0.2 -0.5 Markets China 4.5 4.6 4.4 4.5 -0.1 0.1 0.0 India 7.0 6.4 6.5 6.4 0.6 0.5 0.6 Russia 0.9 1.1 1.1 0.8 -0.2 -0.2 0.1 Brazil 2.2 2.4 1.9 1.6 -0.2 0.3 0.6 Mexico 1.5 1.2 1.6 1.5 0.3 -0.1 0.0 Saudi Arabia -3.3 1.7 3.1 4.5 -5.0 -6.4 -7.8 Nigeria 4.2 4.1 4.1 4.4 0.1 0.1 -0.2 South Africa 1.0 1.1 1.0 1.4 -0.1 0.0 -0.4 2027 estimates October vs prior estimates Octob Jul Apr Janua vs vs vs er y il ry July April Ja