Author
International Monetary Fund, author, issuing body.
Publication Date
2023
Publication Place
Washington, D.C. -
International Monetary Fund
Subject
Foreign exchange, Monetary policy
Type
Book
Language
Arabic
Digital
Yes
Manuscript
No
Pages Count
4
Library
Wesleyan University Library
Library Asset ID
ISBN : 9798400235429
Record ID
alma9933111448303768
Library Location
See online access
Date
2023
Notes
The baseline forecast is for growth to fall from 3.4 percent in 2022 to 2.8 percent in 2023, before settling at 3.0 percent in 2024. Advanced economies are expected to see an especially pronounced growth slowdown, from 2.7 percent in 2022 to 1.3 percent in 2023. In a plausible alternative scenario with further financial sector stress, global growth declines to about 2.5 percent in 2023 with advanced economy growth falling below 1 percent. Global headline inflation in the baseline is set to fall from 8.7 percent in 2022 to 7.0 percent in 2023 on the back of lower commodity prices but underlying (core) inflation is likely to decline more slowly. Inflation's return to target is unlikely before 2025 in most cases.
Seri
World Economic Outlook ; 2023/001