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Jul 17, 2024 · The International Monetary Fund is upgrading its forecast for the Canadian economy, projecting it will now grow by 1.3 per cent this year and by 2.4 per cent in 2025, according to a report released Wednesday.
- Jordan Gowling
- 8 min
Sep 25, 2024 · Following an economic slowdown in 2023 and 2024, Canadian output is expected to rebound in 2025 and 2026. Thereafter, real GDP growth is expected to decelerate to its long-run average of around 1.8% annually.
Jul 22, 2024 · After a modest 1.6% advance in 2023, real GDP will likely only advance 1.1% in 2024, before accelerating to 1.8% in 2025. The re-acceleration in CPI inflation supports our view that interest rates will need to remain at current levels at least until early 2025.
The global economy is continuing growing at a modest pace, according to the OECD’s latest Economic Outlook. The Economic Outlook projects steady global GDP growth of 3.1% in 2024, the same as the 3.1% in 2023, followed by a slight pick-up to 3.2% in 2025.
Sep 24, 2024 · We expect GDP growth of 1.2% in 2024 before accelerating to 2.0% in 2025. The unemployment rate is likely to rise through the fourth quarter before reversing course next year when growth picks up, while we expect core inflation will fall to 2% by mid-2025.
Jun 11, 2024 · Growth in low-income economies is expected to accelerate to 5% in 2024 from 3.8% in 2023. However, the forecasts for 2024 growth reflect downgrades in three out of every four low-income economies since January. In advanced economies, growth is set to remain steady at 1.5% in 2024 before rising to 1.7% in 2025.
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1 day ago · Gross domestic product (GDP) growth in the world's largest economy, last reported at 2.8% and driven by strong consumer spending, was expected to average 2.6% this year and 1.9% in 2025.
