• Yvonne Haughton

How strongly the economy could grow in 2022

Updated: Jan 23

#financialplanning #financialadvisor #forecast #finances #globalmarket #familybanker #bancomediolanum


 

Matthias Janson, Data Journalist for Statista wrote in his article last October, that in its latest World Economic Outlook, the International Monetary Fund has updated its forecasts for changes in national and regional economic output. Global economic output is expected to grow by 4.9% in 2022 compared to 2021. The current forecast is in line with the forecast made in July this year. India, Spain and China have the best prospects for strong economic growth. Germany was in the middle of the countries with a plus of 4.6%. This is 0.5 percentage points more than forecast for Germany in July last year.


According to the International Monetary Fund, as this Statista chart shows, the global economy continues to face numerous constraints, such as supply chain disruptions. The IMF said these disruptions, along with rising commodity prices and the accumulation of consumer savings, were responsible for the rise in consumer prices.

According to the IMF, this global inflation will peak at the end of 2021 and then fall back to pre-crisis levels in many countries in mid-2022.


But remember, after every crisis, there is a rise, and the global economy always shows a better trend than before.


The world is in constant growth. For this reason, it is advisable to consider a long-term solution with an investment fund for part of your investment. This way you can smooth out all the ups and downs and take advantage of the constant global progress.


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