In a news statement, the agency states, "We are projecting a 60 basis point reduction in projected global GDP growth to 3.6 percent this year from our previous quarterly report, followed by a 20 basis point decline in 2023 (prior forecast)."
S&P now forecasts global GDP to grow at a rate of 3.5 percent in 2023, rather than the previously forecasted 3.7 percent, and to stay at that rate for the next two years.
source: spglobal.com
S&P now forecasts global GDP to grow at a rate of 3.5 percent in 2023, rather than the previously forecasted 3.7 percent, and to stay at that rate for the next two years.
source: spglobal.com