The International Monetary Fund (IMF) said on Tuesday that global growth is predicted to moderate to 3.2% this year and stay there in 2025, but cautioned that the steady numbers obscured “important” sectoral and regional changes.
According to the IMF’s latest World Economic Outlook (WEO) report, worldwide inflation will continue to decline, reaching 5.8% this year before dropping to 4.3% in 2025.
In an interview with AFP before to the report’s release, IMF chief economist Pierre-Olivier Gourinchas stated, “We are seeing inflation moving in the right direction without a major slowdown in economic growth or a global recession.”
“According to our baseline analysis, [inflation] in advanced economies will return to central bank targets in 2025,” he added.
