The Limited Times

Now you can see non-English news...

The global energy shock will last

2022-11-22T19:25:16.746Z


The OECD predicts a slowdown in activity in 2023 and warns of persistent inflation. It has been a constant for several months. Each new inventory of the world economy reflects a deterioration in activity, under the effect of the war in Ukraine and the surge in inflation. In its latest forecasts, published on Tuesday, the OECD (Organization for Economic Co-operation and Development) is revising down the growth of almost all of the major developed and emerging economies. Global GDP


It has been a constant for several months.

Each new inventory of the world economy reflects a deterioration in activity, under the effect of the war in Ukraine and the surge in inflation.

In its latest forecasts, published on Tuesday, the OECD (Organization for Economic Co-operation and Development) is revising down the growth of almost all of the major developed and emerging economies.

Global GDP is expected to grow this year by 3.1% and decelerate next year to 2.2%.

"An end to the war and a just peace in Ukraine would be the most effective way to improve global prospects

," said Secretary General Mathias Cormann.

The situation of the Chinese economy, due to its global impact, remains a subject of concern.

Especially since the Covid epidemic is on the rise again, leading to new confinements.

Weighed down by the “zero Covid” strategy and the difficulties of the real estate sector, the growth of…

This article is for subscribers only.

You have 76% left to discover.

Black-Friday

-70% on digital subscription

I ENJOY IT

Already subscribed?

Login

Source: lefigaro

All news articles on 2022-11-22

Similar news:

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.