World economic growth will slow from 3.1% in 2022 to 2.2% next year, recovering to 2.7% in 2024, according to the latest OECD forecasts published today. With the war in Ukraine as a backdrop, "growth is at half mast, high inflation is persistent, confidence has eroded and the...
Tag: worldwide growth
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IMF maintains world growth at 3.21Q2TP, but cuts 2023 growth to 2.71Q2TP
The IMF on Tuesday maintained this year's world GDP growth projection at 3.2%, but cut by 0.2 percentage points (pp.) that of 2023 to 2.7%, with a 25% probability of falling below 2%. In its economic projections update, released yesterday, the International Monetary Fund (IMF) estimates that more than one...