Economic Progress

Energy, inflation crises risk pushing big economies into recession, OECD says

The OECD now expects global growth to slow to 2.2% in 2023, down from a forecast of 2.8% in June, pushing major economies towards recession. Image: REUTERS/Issei Kato

Leigh Thomas
Reporter, Reuters
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Economic Progress

Energy and inflation crises risk snowballing into recessions in major economies.
Energy and inflation crises risk snowballing into recessions in major economies. Image: REUTERS/Eric Gaillard
recession Ukraine Russia German Gas installation Cavern Underground Gas Storage (CUGS) Kosakowo facility Debogorze Poland
Gas installation is pictured at the Cavern Underground Gas Storage (CUGS) Kosakowo facility, near Debogorze, Poland. Image: REUTERS/Kacper Pempel

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