IMF raises global inflation forecast

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IMF raises global inflation forecast

IMF raises global inflation forecast – RIA Novosti, 04/11/2023

IMF raises global inflation forecast

The growth rate of consumer prices in the world in 2023 will be 7% and in 2024 4.9%, according to the report of the International Monetary Fund (IMF). RIA Novosti, 04/11/2023

2023-04-11T16:04

2023-04-11T16:04

2023-04-11T16:04

economy

Oil prices

IMF

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WASHINGTON, April 11 – RIA Novosti. The growth rate of consumer prices in the world in 2023 will be 7% and in 2024 4.9%, according to the report of the International Monetary Fund (IMF). According to the table values ​​​​indicated in the organization’s document, the forecast for the current year has been revised upwards by 0.4 percentage points from the January estimate, and for 2024 – by 0 .6 percentage points. At the same time, the expected inflation rate will be lower than in 2022, which has caused global consumer prices to rise by 8.7% according to the IMF. “In general, inflation will return to the target value by 2025 in most cases,” the organization added, adding that price growth rates in 2023 could differ from the last forecast by 1.2 points. percentage, both plus and minus with a probability of 70%.

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economy, oil prices, IMF

IMF raises global inflation forecast