world growth – Bitfinance https://bitfinance.news Fintech & new economy info Tue, 26 Jul 2022 16:20:07 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://bitfinance.news/wp-content/uploads/2025/01/favicon-64.png world growth – Bitfinance https://bitfinance.news 32 32 IMF forecasts slowdown in world economic growth of 3.2 % https://bitfinance.news/en/imf-forecasts-slowdown-in-world-economic-growth-of-3-2/ Wed, 27 Jul 2022 20:00:18 +0000 https://bitfinance.news/?p=84247 FMI prevé desaceleración del crecimiento económico mundial de 3,2 %

The International Monetary Fund has published its report on global economic growth, in which it forecasts a slowdown of 3.2 % for the rest of 2022. Among the reasons for this trend, the agency points out: “Several shocks have affected a world economy already weakened by the pandemic: higher-than-expected inflation around the world, especially in […]

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]]> FMI prevé desaceleración del crecimiento económico mundial de 3,2 %

The International Monetary Fund has published its report on global economic growth, in which it forecasts a slowdown of 3.2 % for the rest of 2022.

Among the reasons for this trend, the agency points out: “Several shocks have affected a world economy already weakened by the pandemic: higher-than-expected inflation around the world, especially in the United States and the main European economies, which has triggered tighter financial conditions; a worse-than-anticipated slowdown in China, reflecting Covid-19 outbreaks and lockdowns; and other negative side effects of the war in Ukraine.”

Consequently, the forecast is for a slowdown of 0.4 percentage point less than in the April 2022 World Economic Outlook.

One of the determining factors in this scenario is global inflation, with an increase driven by high food and energy prices after the start of the conflict between Russia and Ukraine.

“(Inflation) is forecast to reach 6.6% in advanced economies and 9.5% in emerging market and developing economies this year; upward revisions of 0.9 and 0.8 percentage points, respectively. In 2023, disinflationary monetary policy is expected to take effect, with global output growing by just 2.9 %.”

M.Pino

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Source: finanzasdigital

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]]> World Bank forecasts low economy growth https://bitfinance.news/en/world-bank-forecasts-low-economy-growth/ Wed, 08 Jun 2022 13:00:23 +0000 https://bitfinance.news/?p=82092 La institución financiera actualizó sus previsiones sobre el crecimiento de la economía, situándolo ahora en 2,9 %

The World Bank recently said that the growth of the global economy was somewhat lower than previously expected. According to the financial institution, a “prolonged period of low growth and high inflation” is likely to occur, mainly in low-income countries. Before this analysis, the World Bank had declared that the economy was going to grow […]

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]]> La institución financiera actualizó sus previsiones sobre el crecimiento de la economía, situándolo ahora en 2,9 %

The World Bank recently said that the growth of the global economy was somewhat lower than previously expected.

According to the financial institution, a “prolonged period of low growth and high inflation” is likely to occur, mainly in low-income countries.

Before this analysis, the World Bank had declared that the economy was going to grow by 4.1 % and now, the forecasts have dropped to 2.9 % according to the latest report.

“The world economy is expected to experience its biggest slowdown after a recovery in more than 80 years. The result is a growing risk of stagflation”, the institution added.

K. Tovar

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Source: Cincodias

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