According to the Economic Outlook Report of the Organisation for Economic Co-operation and Development (OECD), the global growth forecast for 2024 was revised from 3.1% to 3.2%, while it was kept unchanged at 3.2% for 2025. The US growth forecast for 2024 was maintained at 2.6%. However, the US growth forecast for 2025 was revised downwards by 0.2% to 1.6%. The Euro Area economic growth forecast for 2024 was kept unchanged at 0.7%, while the 2025 forecast was revised downwards by 0.2 percentage points to 1.3%. Growth forecasts for the Chinese economy for 2024 and 2025 were kept unchanged at 4.9% and 4.5%, respectively.

Headline inflation in the G20 is projected to fall from 6.1% in 2023 to 5.4% in 2024 and 3.3% in 2025.

Source: OECD
Post by: Republic of Türkiye Ministry of Trade