What Lies Ahead for the World Economy This Year, According to the OECD

Global GDP will grow by 2.7% in 2023, says the OECD in its latest update. And by 2.9% in 2024. Meanwhile, inflation will continue to fall. Dropping from 9.4% last year to 6.6% in 2023 and 4.3% in 2024. However, ‘core inflation’ - which discounts food and energy prices - could be more stubborn.