Home Economy IMF raises global inflation forecast in 2022 to 8.3%

IMF raises global inflation forecast in 2022 to 8.3%

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The International Monetary Fund announced that it expects world inflation for the current and next year to be 8.3% and 5.7%, respectively. This was reported on the website of the organization. The forecast in both cases is increased by 0.9 percentage points compared to the April data. The change in the forecast was affected by rising energy and food prices, as well as the continuing imbalance of supply and demand. According to the fund’s expectations, prices in developed economies will rise by 6.6% and 3.3%, respectively, and in developing economies by 9.5% and 7.3%. In the Eurozone, inflation for the current and next year will be 7.3% and 3.9%, respectively. In the US – 7.7% and 3%, respectively. Experts believe that the acceleration of inflation may be affected by the possible complete cessation of Russian gas exports to Europe. “In Europe, it can provoke a rationing of energy consumption, hitting the main industrial sectors and sharply limiting (economic. – Kommersant) growth in the eurozone in 2022 and 2023,” the publication also says. In April 2022, according to … .

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