Financials, Communication Oct 14, 2021 08:15 AM (GMT+8) · EqualOcean
The International Monetary Fund (IMF) released the world economic outlook report on the 12th. The report believes that the overall inflation rate in the United States and some emerging markets and developing economies has risen rapidly, mainly due to the mismatch between supply and demand related to the epidemic and the rise of commodity prices compared with the low level a year ago. Among them, the sharp increase in energy prices has pushed the global inflation level higher. IMF predicts that most price pressures are expected to subside in 2022, but the global inflation outlook is highly uncertain, mainly depending on the future trend of the epidemic, the duration of supply interruption and changes in inflation expectations.