In a recent update, the World Bank (WB) revised down its projections for China’s economic growth in 2023. Growth is now estimated at 5.2 %, marking an adjustment with respect to the previous forecast of 5.6 % made last June.
The Washington-based institution also revised up its forecasts for 2024,…
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economic forecast
Russian economy will contract by 3%
The Russian Government estimates that its economy will register a contraction of less than 3% during 2022, while the fall for next year will be less than 1%, according to the latest perspectives released by the country's deputy prime…
ECB predicts economic growth in the European region
The euro zone economy will grow this year at a rate of 4 %, one tenth more than expected last December, although in 2020 the rebound will be 4.1 % instead of the 4.2 % previously estimated. Meanwhile, the bloc's inflation rate will…