Fitch Ratings lowered the growth forecast for the global economy because of Japan

International rating agency Fitch Ratings lowered its forecast for global GDP growth this year against the background of the situation in Japan and rising oil prices, according to a press release, the agency Interfax-Ukraine. Agency experts expect global GDP growth to slow from 3.8% in 2010 to 3,2% this year, at the same rate the world economy will grow in 2012. In the agency's report does not provide an exact forecast of the change, expressed in percentage points, but notes that such a comparison would be incorrect in view of changes in methodology for calculating the average world GDP. "Rising oil prices that followed the escalating political tensions in the Middle East, is a significant obstacle to the recovery of the global economy - are contained in the report Fitch analysts said Maria Malas-Mrue. - At the same time, inflationary pressures have increased in both developed and developing economies, stressing the complexity of the dilemma facing the monetary authorities of the world. " In Europe, worsening prognosis affected as key, and peripheral economies, which, among other things, reflected the continuing uncertainty regarding the success of fiscal consolidation measures, as well as reduction in domestic consumption and tightening monetary policy in the backdrop of rising oil prices. As for Japan, there is also the agency previously lowered forecast of economic growth in 2011 by 0,5 percentage points (pp) - 1%, while increasing the forecast increase in Japanese GDP in 2012 to 2,2% from the expected 1,7% previously. Experts Fitch also slightly lowered the growth forecast for the economies of Brazil, China and India in 2011-2012., Citing the pending tightening of anti-inflationary measures. Higher oil prices have allowed analysts to slightly increase the agency forecast of Russia's GDP in 2011, and in 2012. The IMF expects a short-term slowing Japanese economy and recovery in the long term. After the earthquake in Japan for the first time since the Second World War, introduced the rolling blackouts of electricity. According to the latest Cabinet Office, in the last three months of last year, the economy showed the decline of 1,3%, but for the whole year was achieved 3.9% growth. The World Bank estimates, the damage to Japan's earthquake and tsunami, was 235 billion dollars.