Price increases are expected to alleviate in 2023, but global growth is also projected to fall, according to the World Economic Outlook. In most economies, amid the cost-of-living crisis, the priority remains achieving sustained disinflation.
Browsing: World Economic Outlook
Due to foreign trade performance, the International Monetary Fund projects an increase of 5.3% for the country’s GDP this year, 1.6% above the April estimate. For next year, however, the outlook has worsened.
The International Monetary Fund predicts 3% contraction of the world economy, with GDP shrinking 5.3% in Brazil and 2.8% in the Middle East. Next year, economies are expected to bounce back, provided that policies prove effective.
