The OECD predicts a slowdown in activity in 2023 and warns of persistent inflation.
It has been a constant for several months. Each new inventory of the world economy reflects a deterioration in activity, under the effect of the war in Ukraine and the surge in inflation. In its latest forecasts, published on Tuesday, the OECD (Organization for Economic Co-operation and Development) is revising down the growth of almost all of the major developed and emerging economies. Global GDP is expected to grow this year by 3.1% and decelerate next year to 2.2%. “An end to the war and a just peace in Ukraine would be the most effective way to improve global prospects”said the Secretary General, Mathias Cormann.
The situation of the Chinese economy, due to its global impact, remains a subject of concern. Especially since the Covid epidemic is on the rise again, leading to new confinements. Weighed down by the “zero Covid” strategy and the difficulties of the real estate sector, the growth of…
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