Based on the research conducted, the world economic growth is projected to slow down in 2024. The International Monetary Fund (IMF) has revised its forecast, expecting global economic growth to reach 2.9% in 2024, down from the previously predicted 3% [[3]](https://fortune.com/2023/10/10/...
mainly due to persistently robust household spending in the largest economies,especially in the United States and the European Union,as well as the recovery in China.Global growth is now projected to slow from 3.1 per cent in 2022 to 2.3 per cent in 2023(up from 1.9 per cent forecast in ...
For 2023 as a whole, the European Commission's autumn forecast projected real GDP growth in both the EU and euro area at 0.3 percent -- well below the 1.5 percent and 1.4 percent expected in the previous July forecast. "The surge in energy prices and rampant inflation are now taking over...
The World Bank published its latest China Economic Update on Thursday, revising its forecast for China's 2024 economic growth upward to 4.9 percent, a 0.1 percentage point increase from its June prediction. The revision reflects the effect of recent policy easing and near-term export strength, ac...
World Bank, Barclays raise GDP forecast for nation｜世界银行和巴克莱银行上调中国增速预期 File photo shows the Lujiazui area in East China's Shanghai. [Photo/Xinhua]Foreign institutions have raised their forecasts for China's economic growth this year amid the nation's better-than-...
As business and political leaders gather for the 2024 World Economic Forum in Davos, CNBC has curated an insightful agenda of fireside chats and panels to address this year’s theme of ‘Rebuilding Trust’.
MANILA, Dec. 5 (Xinhua) -- The World Bank has lowered its growth forecast for the Philippines this year to 5.6 percent, an economic report showed Tuesday. "The Philippine economy is expected to grow by 5.6 percent in 2023 and edge up to 5.8 percent in 2024," the World Bank said in ...
The World Bank has revised its economic forecast for China down to 4.3 percent this year, from a higher expectation of 5.1 percent in December, amid COVID-19 outbreaks and changes in the global environment, according to a report released on Wednesday. ...
Foreign institutions have raised their forecasts for China's economic growth this year amid the nation's better-than-expected first-quarter performance, strong policy stimulus and resilience in exports. While Barclays recently revised upward its China GDP forecast from 4.4 percent to 5 percent, the ...
While it’s too early to gauge the full economic fallout of the coronavirus outbreak, the OECD has already slashed its growth forecast for the world economy as the virus continues to spread outside of China. In its latest Interim Economic Assessment Report, the organization expects the impact ...