IMF: Economic outlook is gloomier, particularly in Europe IMF GDP Europe Inflation
“Recent purchasing manager indices that gauge manufacturing and services activity signaled weakness in most Group of 20 major economies.”
“Economic activity set to contract while inflation remained stubbornly high, citing tightening monetary policy triggered by persistently high and broad-based inflation, weak growth momentum in China and ongoing supply disruptions and food insecurity caused by Russia’s invasion of Ukraine.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
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