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Fitch: inflationary pressures will slow global economic growth this year
The global economy is likely to grow at a much slower-than-expected pace this year due to the demand-driven effects of intensifying global inflationary pressures and renewed Chinese restrictions on coronavirus, Fitch Ratings said in its new quarterly global forecast in London.
In its 35-page forecast package, the international credit rating agency expects global economic growth of 209 percent for 2022 as a whole, which is 0.6 percentage points slower than its previous forecast released in March. (Kertész Róbert, MTI)
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