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International Monetary Fund (IMF) has announced a 3.2 per cent revised downward forecast to global growth in 2022 and 2.9 per cent in 2023. It has also revised inflation upwards to 6.6 per cent in advanced economies and 9.5 per cent in emerging and developing economies. The world’s three largest economies—the US, China and Europe—are stalling. China, Global Economy, Global, Stock Market, Infrastructure, Global Textiles, Forex Trading News, Consumer Spending, Survey Data

International Monetary Fund (IMF) has announced a 3.2 per cent revised downward forecast to global growth in 2022 and 2.9 per cent in 2023. It has also revised inflation upwards to 6.6 per cent in advanced economies and 9.5 per cent in emerging and developing economies. The world’s three largest economies—the US, China and Europe—are stalling.

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