{"id":83757,"date":"2025-05-22T17:44:13","date_gmt":"2025-05-22T17:44:13","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/fitch-downgrades-growth-potential-of-developing-countries"},"modified":"2025-05-22T18:24:59","modified_gmt":"2025-05-22T18:24:59","slug":"fitch-downgrades-growth-potential-of-developing-countries","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/fitch-downgrades-growth-potential-of-developing-countries","title":{"rendered":"Fitch downgrades growth potential of developing countries"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>International credit rating agency Fitch reported a reduction in its predicted medium-term potential growth rate for a group of 10 developing countries, lowering its forecast from 4% to 3.9%.<\/p>\n

The agency revised its five-year potential GDP growth forecasts for emerging markets Wednesday.<\/p>\n

The main reason for the move was a downward revision of China’s potential growth rate from 4.6% to 4.3%.<\/p>\n

Growth forecasts for Mexico, Indonesia and South Korea were downgraded, while Russia, Brazil, Poland and India were revised upwards.<\/p>\n

Its forecasts for South Africa and Tu\u0308rkiye remained unchanged.<\/p>\n

Fitch has forecast an average potential growth of 3.1% for the group of 10 developing countries.<\/p>\n

Accordingly, five-year potential growth forecasts were revised down from 4.9% to 4.7% for Indonesia, from 2% to 1.8% for Mexico, and from 2.1% to 1.9% for South Korea.<\/p>\n

The projected growth rate for India was raised from 6.2% to 6.4%, for Poland from 3% to 3.2%, for Brazil from 1.7% to 2% and for Russia from 0.8% to 1.2%.<\/p>\n

The medium-term potential growth rate for South Africa was maintained at 1% and for Tu\u0308rkiye at 4.1%.<\/p>\n

For More News And Analysis About Mozambique<\/span> Follow Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mozambique. International credit rating agency Fitch reported a reduction in its predicted medium-term potential growth rate for a group of 10 developing countries, lowering its forecast from 4% to 3.9%. The agency revised its five-year potential GDP growth forecasts for emerging markets Wednesday. The main reason for the move was a downward revision […]<\/p>\n","protected":false},"author":84,"featured_media":83756,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[4023,4180,140,7267,283],"class_list":{"0":"post-83757","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-all-news","8":"category-economy","9":"tag-developing-countries","10":"tag-fitch","11":"tag-gdp","13":"tag-mozambique"},"yoast_head":"\nFitch downgrades growth potential of developing countries - Mozambique<\/title>\n<meta name=\"description\" content=\"International credit rating agency Fitch reported a reduction in its predicted medium-term potential growth rate for a g ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/fitch-downgrades-growth-potential-of-developing-countries\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fitch downgrades growth potential of developing countries\" \/>\n<meta property=\"og:description\" content=\"International credit rating agency Fitch reported a reduction in its predicted medium-term potential growth rate for a g ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/fitch-downgrades-growth-potential-of-developing-countries\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-22T17:44:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-05-22T18:24:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2025\/05\/sm_1747921992.586127.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"864\" \/>\n\t<meta property=\"og:image:height\" content=\"486\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/fitch-downgrades-growth-potential-of-developing-countries#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/fitch-downgrades-growth-potential-of-developing-countries\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Fitch downgrades growth potential of developing countries\",\"datePublished\":\"2025-05-22T17:44:13+00:00\",\"dateModified\":\"2025-05-22T18:24:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/fitch-downgrades-growth-potential-of-developing-countries\"},\"wordCount\":180,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/fitch-downgrades-growth-potential-of-developing-countries#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2025\/05\/sm_1747921992.586127.jpg\",\"keywords\":[\"developing countries\",\"Fitch\",\"GDP\",\"growth potential\",\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/fitch-downgrades-growth-potential-of-developing-countries#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/fitch-downgrades-growth-potential-of-developing-countries\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/fitch-downgrades-growth-potential-of-developing-countries\",\"name\":\"Fitch downgrades growth potential of developing countries - 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