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IMF issues worse new global inflation forecast
Consumer prices across the world are expected to rise by 5.8% next year The International Monetary Fund (IMF) has issued an upward revision of its forecasts for global inflation to 6.9% this year and 5.8% in 2024, marking an increase of 0.1% and 0.6%, respectively, versus the projections made by the Washington-based institution three months ago. On the other hand, global inflation is expected to steadily decrease from 8.7% in 2022 to 6.9% this year. In its latest World Economic Outlook (WEO), the IMF left its forecast for global real GDP growth in 2023 unchanged at 3.0% but slashed the projection for 2024 by 0.1%

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