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The Monthly bulletin (October 2023)

The Monthly bulletin (October 2023)ViewTélécharger
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  • Taille du fichier 8 Mo
  • Date de création 09/11/2023

  • At the international level, the latest forecasts from the International Monetary Fund (IMF) indicate a decline in global economic growth, with a projection of 3% for the current year, rising to 3.5% in 2022, and falling to 2.9% in 2024. This momentum is being maintained despite the major disruptions to the energy and food markets caused by the Russo-Ukrainian conflict. This context is accompanied by an unprecedented and significant tightening of global monetary conditions to counter inflation, which remains at high levels compared with recent decades.
  • As far as inflation is concerned, the IMF forecasts a gradual decline from 8.7% in 2022 to 6.9% in 2023, reaching 5.8% in 2024. This trend is partly explained by the tightening of monetary policy induced by the fall in commodity prices. Nonetheless, inflation excluding energy and food is set to fall gradually, while headline inflation is not expected to return to its norm before 2025 in most countries

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