IMF forecasts UK recession The International Monetary Fund says the UK will be the only one of the advanced and emerging economies to shrink in 2023 GLOBAL GROWTH FORECAST, 2023 (%) 1.5 0.7 0.1 0.6 1.8 -0.6 1.4 0.7 5.2 6.1 0.3 Canada France Germany Italy Japan UK U.S. EU China India Russia Source: International Monetary Fund © GRAPHIC NEWS