Trademagazin > News and articles > Market News > Fitch: inflationary pressures will slow global economic growth this year
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.
![](https://trademagazin.cdn.webgarden.io/wp-content/uploads/2022/06/fold-okk.jpg)
Inflationary pressures and Chinese restrictions slow global economic growth this year
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)
Related news
Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >The unexpectedly low inflation in June surprised analysts
The Hungarian inflation data published this week caused a pleasant…
Read more >Food prices rose at an accelerating rate in Germany
Inflation in Germany slowed down in June, according to the…
Read more >
More related news >
Related news
Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >Company trend in 2024: a more positive half-year, but still a negative message
The lowest number of companies in the last five years…
Read more >The Hungarian Marketing Association for the supply of the profession
The Hungarian Marketing Association is actively working for the future…
Read more >