IMF forecasts slowdown in global inflation in 2023-2024



01/18/2023 9:33 AM


According to Gita Gopinath, the IMF's First Deputy Managing Director, global inflation would decline in 2023 and 2024.



IMF Photo/Joshua Roberts
Ms. Gopinath expects that global inflation would slow this year and the following.

She added that a lot of unexpected events had recently happened, "so things can go horribly wrong." According to her, the fact that inflation is reverting to a manageable level should be celebrated.

"As for the fragmentation in the economy, we truly want countries to be able to work together to find answers, and maybe I would say that at least when it comes to things like food exports, fertilizer exports, basic necessities," she noted.

source: reuters.com

 


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