According to IMF estimates, the worldwide economy will decelerate from 6.1% growth in 2021 to 3.6% in 2022 and 2023 — 0.8 and 0.2 percentage points lower than its January 2022 forecast.
Bloomberg tracks global fuel prices, including the comparison of gasoline to diesel. According to Bloomberg’s data, gasoline prices in northwest Europe have risen significantly and are now higher than diesel, a change from prior periods.
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— According to the IMF forecast, the global economy will effectively flatline this year as Europe enters a recession, China slows substantially, and U.S. financial conditions tighten. On a purchasing power parity basis, the growth of global gross domestic product is expected to be 3.6% in 2022.
According to the IMF forecast, the global economy will effectively flatline this year as Europe enters a recession, China slows substantially, and U.S. financial conditions tighten. On a purchasing power parity basis, the growth of global gross domestic product is expected to be 3.6% in 2022.
According to the IMF forecast, the global economy will effectively flatline this year as Europe enters a recession, China slows substantially, and U.S. financial conditions tighten. On a purchasing power parity basis, the growth of global gross domestic product is expected to be 3.6% in 2022.
The IMF’s inflation predictions for 2022 are 5.7% in advanced economies and 8.7% in emerging market and developing economies.