Inflation and Omicron will dent world growth in 2022, says IMF

Inflation and Omicron will dent world growth in 2022, says IMF - short news


Global growth downgraded to 4.4% as body predicts especially marked slowdown for US and China

The International Monetary Fund has sharply cut its growth forecast for 2022 with a warning that higher-than-expected inflation and the Omicron variant have worsened the outlook for the global economy.

In a quarterly update to predictions made in October 2021, the IMF said it anticipated growth of 4.4% this year – down 0.5 percentage points – and emphasised the risks were of a..


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source: The Guardian - 25.01.2022

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