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IMF on global economy - "the outlook is gloomier", particularly in Europe.

IMF on global economy -

The International Monetary Fund has written in a piece prepared for the summit of G20 leaders in Indonesia,

  • recent high-frequency indicators "confirm that the outlook is gloomier," particularly in Europe
  • It said recent purchasing manager indices that gauge manufacturing and services activity signaled weakness in most Group of 20 major economies, with economic activity set to contract while inflation remained stubbornly high

IMF citing:

Posted: Nov 14 2022, 03:16
Author Name: forexlive
Views: 110585

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