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- The world economic outlook for 2023 is as follows12:
- Global growth is projected to fall from an estimated 3.5 percent in 2022 to 3.0 percent in both 2023 and 2024.
- The rise in central bank policy rates to fight inflation continues to weigh on economic activity.
- Global headline inflation is expected to fall from 8.7 percent in 2022 to 6.8 percent in 2023 and 5.2 percent in 2024.
- Global GDP growth is forecast to slow to 2.2% in 2023 from 3.1% in 2022.
- Despite the slowdown, the 2023 forecast is significantly better than what was expected six months ago2.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Global growth is projected to fall from an estimated 3.5 percent in 2022 to 3.0 percent in both 2023 and 2024. The rise in central bank policy rates to fight inflation continues to weigh on economic activity. Global headline inflation is expected to fall from 8.7 percent in 2022 to 6.8 percent in 2023 and 5.2 percent in 2024.www.imf.org/en/Publications/WEO/Issues/2023/07/…The further central bank rate hikes that would be necessary in such a scenario, would push GDP growth in the US and eurozone in or close to negative territory. Global GDP growth is forecast to slow to 2.2% in 2023 from 3.1% in 2022. Despite the slowdown, the 2023 forecast is significantly better than what we expected six months ago.atradiuscollections.com/global/reports/economic-re… - People also ask
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