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France 24
France 24
Business

The price of war: OECD warns of slowing growth, high inflation

PEOPLE & PROFIT © FRANCE 24

Russia's invasion of Ukraine is derailing the global economy's recovery from the Covid-19 pandemic. The Organisation for Economic Cooperation and Development (OECD) is the latest to slash its global GDP growth forecast for 2022, from 4.5 percent projected in December to just 3 percent in its latest outlook. Driving that slowdown is the cost of living crisis that's impacting households and businesses around the world. For more, Kate Moody speaks to the OECD's deputy secretary-general and chief economist, Laurence Boone.

Read more analysis on the war in Ukraine
Read more analysis on the war in Ukraine © Studio graphique France Médias Monde
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