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Mapped: 2023 Inflation Forecasts by Country

From visualcapitalist.com

Inflation surged on a global scale in 2022, hitting record-level highs in many countries. Could it finally subside in 2023? In the above infographic, we look to answer that question using the World Economic Outlook report by the International Monetary Fund (IMF). Not Yet Out of the Woods While the IMF predicts that global inflation peaked in late 2022, rates in 2023 are expected to remain higher than usual in many parts of the world. Following the 8.8% global inflation rate in 2022, the IMF forecasts a 6.6% rate for 2023 and 4.3% rate for 2024 based on their most recent January 2023 update. For the optimists, the ... (full story)

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  • Category: Fundamental Analysis