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Jul 16, 2024 · Global growth is projected to be in line with the April 2024 World Economic Outlook (WEO) forecast, at 3.2 percent in 2024 and 3.3 percent in 2025. Services inflation is holding up progress on disinflation, which is complicating monetary policy normalization. Upside risks to inflation have thus increased, raising the prospect of higher for even longer interest rates, in the context of ...
Sep 3, 2024 · Global growth broadly unchanged amid persistent services inflation Global growth is projected to be in line with the April 2024 World Economic Outlook (WEO) forecast, at 3.2 percent in 2024 and 3. ...
According to the IMF's report- World Economic Outlook (WEO) Update for July 2024, titled The Global Economy in a Sticky Spot, the global economy is projected to grow at 3.2% in 2024 and 3.3% in 2025, maintaining the same forecast as the April 2024 WEO. The IMF's update views that while emerging markets like China and India drive global growth ...
Aug 8, 2024 · The world’s medium-term economic prospects remain weak, according to IMF’s July WEO update. Global growth is projected to stay steady at 3.2% in 2024 and tick up slightly to 3.3% in 2025. The United States, however, will see its growth slow to 2.6% next year, with a further dip to 1.9% expected in 2025 as the labor market cools.
Jul 16, 2024 · The Global Economy in a Sticky Spot ... Global growth is projected to be in line with the April 2024 World Economic Outlook (WEO) forecast, at 3.2 percent in 2024 and ...
2024 WORLD ECONOMIC OUTLOOK WORLD ECONOMIC OUTLOOK UPDATEUPDATE JUL 2024 2024 The Global Economy in a Sticky Spot Global growth is projected to be in line with the April 2024 World Economic Outlook (WEO) forecast, at 3.2 percent in 2024 and 3.3 percent in 2025. However, varied momentum in activity at the turn of the year has somewhat
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Jul 16, 2024 · Regional Economic Outlook for Asia and Pacific, October 2024. October 31, 2024. 277 Views. 01:56. Growth in Asia was resilient in the first half of 2024. As a result, we upgraded our growth forecast for the region to 4.6% for this year, and to 4.4% for 2025. Asia remains the world’s growth engine, accounting for 60% of global growth this year.