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Slowing growth, rising inflation fears

Author

Listed:
  • Naisbitt, Barry
  • Boshoff, Janine
  • Holland, Dawn Nicole
  • Hurst, Ian
  • Liadze, Iana
  • Lenoel, Cyrille
  • Macchiarelli, Corrado
  • Mao, Xuxin
  • Sanchez Juanino, Patricia
  • Thamotheram, Craig
  • Whyte, Kemar

Abstract

We are more downbeat on global growth prospects for next year than other major forecasters. Our forecast for the world economy is still an expansion of 5.8 per cent in 2021 (0.1 percentage points lower than our Summer Outlook). Despite the virus continuing to crimp economic activity and severe supply chain disruptions holding back the recovery, we forecast global growth of 4.3 per cent in 2022.

Suggested Citation

  • Naisbitt, Barry & Boshoff, Janine & Holland, Dawn Nicole & Hurst, Ian & Liadze, Iana & Lenoel, Cyrille & Macchiarelli, Corrado & Mao, Xuxin & Sanchez Juanino, Patricia & Thamotheram, Craig & Whyte, Ke, 2021. "Slowing growth, rising inflation fears," National Institute Global Economic Outlook, National Institute of Economic and Social Research, issue 4, pages 6-23.
    • Handle: RePEc:nsr:niesrb:i:4:y:2021:p:6-23
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