According to reports, the recent International Monetary Fund (IMF) lowered its growth in all of the biggest European economies forecast: Germany forecast by 0.8 percentage points, the international organization is now only expects its 2022 GDP will grow by 3.8%; the same, Italy’s growth rate down to 3.8%; predictive value after France down 0.4 percentage points, an increase of 3.5%; but the IMF to maintain its forecast for Spanish economic growth of 5.8% in 2022, and expects 2023 economic growth in Spain will also be slowed to 3.8%. Britain outside the EU economy will grow by 4.7 percent this year, lower than last October’s forecast three tenths.
The forecast mainly due to the impact of the current increase in cases of Omicron variant, the economic situation at the beginning of 2022 to be more severe than expected; in addition IMF also mentioned energy prices and supply chain disruptions resulting in the duration of inflation will be higher than expected .
Post time: Jan-27-2022