Tuesday, October 12, 2021

IMF warns supply snarls slowing global recovery

The global economy is expected to grow 5.9 percent this year, only slightly lower than projected in July, before slowing to 4.9 percent in 2022, the IMF report said. But the overall figures mask large downgrades and ongoing struggles for some countries, including the United States, Germany and Japan that are feeling the impact of supply bottlenecks, IMF chief economist Gita Gopinath said.

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