IMF – World Economic Outlook Update, Jul 2025
Summary
The main theme of the report is 'The tenuous resilience of the global economy amid persistent uncertainty'.
The global economy is projected to grow by 3.0% in 2025 and 3.1% in 2026, which is higher than previous forecasts. Global inflation is expected to decrease to 4.2% in 2025 and 3.6% in 2026. Major risks are associated with potential tariff increases, geopolitical tensions, and financial instability. Measures are needed to strengthen confidence, price and financial stability, as well as structural reforms.
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