World inflation on average is predicted by specialists 2.9% higher than the dopandemic level.
The World Bank reduced its forecasting for the growth of the global economy by 2025 to 2.3%, which was 0.4 percentage less than expected in January. About this on Tuesday, June 10, the official review of VB said.
Due to increasing trade in trade and uncertainty of economic policy, the bank reduced forecasts to nearly 70% of economies, including the United States and European countries.
The World Bank does not expect a global backdown, but it is assumed that by 2027 the average world economic growth rate is 2.5% – this is the lowest rate of all decades, beginning in the 1960s.
According to a bank report, in 2025, the world’s trade growth was slow to 1.8% compared to 3.4% last year. World inflation will be on average 2.9% higher than the dopandemic level against the background of tariff growth and tightening in labor markets.
“Slowing economic growth will impede economic development efforts aimed at accelerating the creation of jobs, reducing extreme poverty and reducing the level of income per capita level in developed countries,” the organization warned.
The growth of revenue per capita in developing countries is 2.9%, which is 1.1 percent points below average for the period from 2000 to 2019.
In 2025, the US GDP was expected to grow by 1.4%, which was 0.9 percent less than the previous forecast. Growth in eurozone and Japan countries will be 0.7% (decrease of 0.3 p. And 0.5 pp, respectively).
As you know, according to the results of 2024, the rate of inflation in Ukraine reached 12%. In the December consumer market, food prices and soft drinks increased by 1.8%.
Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.