The Strategist

IMF forecasts slowdown in global inflation in 2023-2024

01/18/2023 - 09:33

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

IMF Photo/Joshua Roberts
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.