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And finally, as countries increasingly graduate from eligibility for financing on IDA terms, IDA can be expected to shrink.
The PMI would have to fall to about 44-45 before industrial output could be expected to shrink.How so?
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This year GDP is expected to shrink by 0.3%.
The industry is expected to shrink further this year.
Sales for the year are expected to shrink 2 percent to 18.6 trillion yen $232 billionn), the company said.
That is one reason why the economy is expected to shrink by around 1% in 2015.
The current-account deficit is expected to shrink and inflation to fall this year.
Gross domestic product is expected to shrink by 0.9 percent this year, to 35.6 billion euros.
In contrast, Europe's economy is expected to shrink this year and have negligible growth next year.
The economy is expected to shrink by more than 1% this year.
The country's economy is expected to shrink this year and the next.
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