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Added on the 13/10/2021 15:30:23 - Copyright : Euronews EN
Surging inflation and severe slowdowns in the United States and China prompted the IMF to downgrade its outlook for the global economy this year and next, while warning that the situation could get much worse. SOUNDBITE
Growth
Escalating inflation, the war in Ukraine and low consumer confidence are spelling headwinds for the global economy.
Marseille - Stade Vélodrome : L'inauguration
The impact of the war in Ukraine is spreading worldwide, causing the IMF to sharply downgrade its 2022 global growth forecast to 3.6 percent, IMF chief economist Pierre-Olivier Gourinchas says as he presents the latest World Economic Outlook. SOUNDBITE