Global growth is slowing in 2023 but should rebound in 2024. China reopening, a strong US labor market with cooling inflation, and a mild winter in Europe have all helped avoid the worst.
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On the day that the IMF publishes its updated growth forecasts for individual economies as well as the global economy, they also publish this. A snapshot of global economic health: highlighting slowing growth in 2023 but recovery into 2024 as well as some sense of potential headwinds - health concerns, Ukraine and the implications of higher interest rates, given high levels of global debt.