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Global growth is expected to reach 3.1% in 2024.
However, there are divergencies: the US is slowing down without entering a recession, the Eurozone is on a recovery path, India's strong growth continues while China is on a controlled slowdown trajectory.
Inflation has been stickier than expected, but it is expected to decelerate further towards Central Banks target in 2025.
It's all about confidence
Go to Mid-Year Outlook 2024