The Saturday Economist Last Post ... March 2022
In January this year, the IMF were forecasting world growth of 4.4% in 2022. This was a modest slow down from growth of around 6.0% in the prior year.
Growth in the U.S. and Europe was expected to be around 4.0%. Growth in the UK and China was expected to be about 4.5%. Concerns were expressed around Covid continuance, energy price rises, supply side disruptions, transport costs, tight labour markets and higher inflation.
"Risks to the global baseline are tilted to the downside". The IMF stated. Check out the post for more information.
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