The OECD has downgraded its global economic growth forecast
The OECD has lowered its earlier forecast of growth in the world economy this year to the lowest level since the financial crisis of 2008-2009, due to growing trade conflicts and uncertainty in emerging markets.
The report does not deal specifically with Hungary.
The Organization for Economic Co-operation and Development (OECD) expects economic growth of 2.9 percent this year instead of 3.2 percent previously forecasted in May – according to its latest forecast released on Thursday. (MTI)
Related news
The destruction of wildlife can have serious economic consequences
The need to protect the living world is extremely important,…
Read more >
The president of GVH stood up for the interests of Hungarian consumers at the OECD conference in Paris
The OECD’s consumer protection committee organized a two-day high-level meeting…
Read more >
In the OECD, inflation slowed significantly in August
Inflation in the countries belonging to the Organization for Economic…
Read more >Related news
Holiday Shopping Study 2024: European Consumers Plan Ahead Amid Economic Pressures
The “Holiday Shopping Study 2024,” conducted by ShopFully and Offerista…
Read more >
Oversupply in the office market, returning demand in retail properties and hotels expected in 2025
The Hungarian commercial real estate market is currently characterized by…
Read more >
Sándor Czomba: the minimum wage will increase by nine percent next year
The minimum wage will increase by nine percent next year,…
Read more >
