4min chapter

World Economic Forum cover image

The global economy 'at a crossroads' ahead of Davos: Chief Economists Outlook

World Economic Forum

CHAPTER

Navigating Global Inflation and Its Impact on Trade

This chapter explores the current state of global inflation in the aftermath of the COVID pandemic, projecting an average rate of 4.3% for the year. It examines the challenges faced by consumers amid rising prices and the implications of deflation in regions like China, along with its effects on international trade.

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