OECD: Food price inflation fell sharply in most countries
The Paris-based Organization for Economic Cooperation and Development, the OECD, slightly improved its global growth forecast for this year and next year compared to its previous estimate from February.
According to a document published on the OECD website, after 3.1 percent in 2023, global GDP growth will be 3.1 percent this year as well, and will improve slightly in 2025, rising to 3.2 percent, despite unfavorable geopolitical factors such as the Russian-Ukrainian war, the escalation in the Middle East and the tightening financial environment. In its February forecast, the OECD put this year’s global growth rate at 2.9 percent and 2025 at 3.0 percent.
The growth rate of the G20 will remain at 3.1 percent in 2025, and the center of gravity of global growth will shift to emerging regions. The OECD puts Hungary’s growth at 2.1 percent this year and 2.8 percent next year.
Related news
Research: How different generations view social labels
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >The world is amazed by us: we are setting a world record in the pace of wealth creation, Blochamps’ prognosis predicted this already in 2019
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >MNB keeps base rate at 6.5% – growth outlook worsens
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
THE LATEST ISSUE OF TRADE MAGAZIN HAS BEEN PUBLISHED!
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >FAO: Global food prices fell in September
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Stricter measures are coming on the Trappist and wild sourdough fronts – new regulation protects customers
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >