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Global economic growth: the downward trend is expected to continue until 2024

18/10/2023
Source : ORISHAS FINANCE
Categories: Economy/Forex

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In its October 2023 World Economic Outlook (WEO) report, the International Monetary Fund (IMF) forecasts the continuation of the downward trend in global growth.

The International Monetary Fund (IMF) forecasts that global growth will slow from 3.5% in 2022 to 3% in 2023 and to 2.9% next year, a downward revision of 0.1 percentage point for 2024 compared to its July projections. According to the Fund, overall inflation continues to slow, from 9.2% in 2022 to 5.9% this year and 4.8% in 2024 (year-on-year

).
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