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OECD says inflation main risk to economic outlook -Breaking

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© Reuters. FILEPHOTO: A group of shoppers browses a supermarket wearing masks in an effort to slow the spread coronavirus disease (COVID-19), north St. Louis Missouri. U.S. April 4, 2019. REUTERS/Lawrence Bryant/File photo

PARIS (Reuters), – A global outlook that is positive and optimistic has a major risk, according to the OECD on Wednesday.

The Organisation for Economic Cooperation and Development (OECD) stated that global growth will reach 5.6% in 2018, before slowing to 4.5% and 3.2% respectively in 2022 and 2023.

It was little different from the previous forecast of 5.7% in 2021. However, it was consistent with the 2022 forecast. The OECD has not yet produced estimates for 2023.

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