Global Economic Outlook

The global economic outlook is an assessment of how economies around the world are expected to perform in the near future. It considers factors like growth rates, employment levels, inflation, and trade activity to gauge whether economies are expanding, slowing down, or facing challenges. This outlook helps governments, businesses, and investors make informed decisions, as a healthy global economy typically leads to job creation and improved living standards, while downturns can cause hardship and uncertainty. Overall, it provides a snapshot of economic trends and potential risks in the interconnected world economy.