IMF projects global growth at around 3.2% in 2024 and 3.3% in 2025, nearing pre-pandemic levels. Most countries show positive growth except the US and Japan, while Europe is gradually improving. Inflation is decreasing at a slower rate due to sticky services inflation despite a drop in goods inflation during the pandemic. Demand for services post-pandemic is driving up service inflation. Energy and food prices are nearing pre-pandemic levels with inflation likely to remain higher, impacting central bank interest rate cuts which might affect the markets. The IMF projects a 7% growth rate for India, up from approximately 6.8%.

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