The global economic outlook has worsened substantially since February 2022, with lower expected growth and higher uncertainty. Global real GDP growth is expected to decline to 1.8-3.6% in 2022 and to 1.8-4% in 2023, after 6% growth in 2021.
Our Global Economic Forecast reports highlight quarterly macro changes across key markets. For our Q2 2022 edition, we consider the economic implications of the war in Ukraine and the potential impact of a global stagflation scenario.
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