OECD forecast: High rates, inflation to slow world growth
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114 Articles
Global Economic Growth to Slow to 2.2 pct in 2023: OECD
Global gross domestic product (GDP) growth is rising to slide from 3.1 percent this year to 2.2 percent in 2023, the Organization for Economic Co-operation and Development (OECD) said in Its latest Economic Outlook on Tuesday.
Global economy to slow down in 2023, may grow 3.1 per cent this year: OECD
On Tuesday, the Paris-based Organization for Economic Cooperation and Development (OECD) released its latest forecast on the global economy and projected just a 3.1 per cent growth for 2022, a sharp decline from the 5.9 per cent witnessed last year. The report comes amid mounting challenges including the worst energy crisis since the 1970s, the Russian invasion of Ukraine, pushing inflation, high-interest rates and so on.
Global economic growth to slow to 2.2 pct in 2023: OECD
PARIS, Nov. 22 (Xinhua) -- Global gross domestic product (GDP) growth is projected to slide from 3.1 percent this year to 2.2 percent in 2023, the Organization for Economic Co-operation and Development (OECD) said in its latest Economic Outlook on Tuesday. Read full story
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