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Forecasters are revising up their predictions for global growth.
Private-sector analysts are revising up their forecasts for this year too.
City economists were revising up their growth forecasts for the first time since the coalition came to power.
A Treasury spokeswoman said: "The IMF has confirmed that the UK economy is moving from rescue to recovery, revising up its growth forecast for this year.
Economists have been revising up their gloomy predictions for the UK economy in recent days as news as more positive data rolls in.
Damage assessment ReprintsEconomists are revising up their forecasts for China's GDP growth this year: 8% may now be possible even if American consumers remain frugal.
Similar(38)
If the number is revised up 40K when revisions are released next month, will The Times lead with the statement "August job growth was revised up substantially"?
A year earlier, the June 2006 figure was revised up by $62 billion, and a similar revision could come this year.
It was revised up from 4.1percentto4.2%.2%, after an earlier upward revision to the first quarter.
Is Revised Up, or Is It?
America's was revised up to 8.4%.
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