The global economy is growing more slowly than expected, with risks to that growth increasing, especially in emerging markets, says the IMF in an update to its World Economic Outlook (WEO). Global growth is now projected at 3.1% for 2013 and 3.8% for 2014, a downward revision of 0.25% compared with the forecast in the April 2013 WEO. The good news, however, is that the forklift sector has consistently outstripped global market growth for the past few quarters and looks set to continue to do so.