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Global Economic Growth, Inflation Will Slow In 2022

Global Economic Growth, Inflation Will Slow In 2022

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After a 3.4% decline in 2020, world real GDP is projected to increase 5.5% in 2021 and 4.2% in 2022. With some critical supply shortages and shipping bottlenecks persisting into 2022 and beyond, inflation pressures will subside only gradually.

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