The IMF warns that the outlook for the "global economy" remains gloomy, facing risks on all sides.
Reuters news agency reported on November 14, 2565 that the International Monetary Fund (IMF) said on November 13, 2565 that the global economic outlook is darker than expected last month. It cited surveys of purchasing managers that have continued to deteriorate in recent months.
The IMF blamed the central bank's tighter monetary policy. This is caused by continuously high and widespread inflation. Including weak growth momentum in China and continued production disruptions and food insecurity caused by Russia's invasion of Ukraine.
Last month, the IMF cut its global growth forecast for 2566 to 2.7% from a previous forecast of 2.9%. In a blog prepared for the G20 summit in Indonesia, the IMF said indicators Latest indicators confirm that the outlook is gloomy. especially in Europe
It stated that the purchasing manager index recently This measure of manufacturing and service activity signals weakness among 20 major economies, with economic activity expected to contract. Meanwhile, inflation remains continuously high.
“The challenges facing the global economy are enormous. and weakening economic indicators point to challenges ahead,” the IMF said, adding that the current policy environment was unusually uncertain.
The worsening energy crisis in Europe will have a severe negative effect on growth and increase inflation. While a prolonged period of high inflation could trigger larger-than-expected policy rate hikes and tighter global financial conditions, the IMF, on the other hand, said the increased risk of a sovereign debt crisis for economies that weak
