The OECD has lowered its global growth forecast
Since the economic and financial crisis, the world economy is expected to suffer the biggest decline due to the outbreak of the coronavirus – according to the Paris-based Organization for Economic Cooperation and Development (OECD) interim report on the global economy.
According to the OECD, global economic growth, after the 2.9 percent of last year, may be around 2.4 percent this year, the lowest since 2009. The OECD worsened its previous global GDP growth forecast last November by 0.5 percentage points from 2.9 percent. (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
On the threshold of a paradigm shift in food supply – Food policy analyst Réka Szöllősi was the guest at the September meeting of Chain Bridge Club
First Réka Szöllősi told in her retrospective that consumer protection…
Read more >BMI: Deepening contraction in October
The seasonally adjusted October value of the Purchasing Manager Index…
Read more >GKI: The need for competitiveness reforms in the EU and Hungary’s role in the changes
The European Union faces significant competitive challenges, needing reforms as…
Read more >