Inflation is expected to drop to 4.2% this year and 3.5% next year, signaling stabilization after the landslides of the crisis.
The International Monetary Fund announced stable global GDP growth, raising expectations for this indicator to 3.3%. This was announced by IMF Chief Economist Pierre-Olivier Gorinchas during the presentation of the updated World Economic Review, Ukrinform reports on Friday, January 17.
The forecast for 2024 remains stable at 3.3%.
“We forecast global growth to remain stable at 3.3% this year and next,” the economist said.
Inflation is expected to fall to 4.2% this year and 3.5% next year, signaling stabilization after the landslide crisis caused by the pandemic and Russia’s war against Ukraine.
The updated numbers show slightly improved global GDP growth compared to previous forecasts outlined in the WEO last October. Then it is assumed that in 2025 this number will remain at 3.2%.
The US economy is showing improvement and growth is expected at 2.7%. In the Eurozone, the situation is less optimistic – the forecast for 2025 has been reduced to 1% due to low consumer confidence and high energy prices.
The IMF also notes the impact of trade uncertainty on China’s economic growth.
We remind you that earlier the International Monetary Fund made a statement about the economy and taxes in Ukraine.
Source: korrespondent
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