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OECD ups world growth forecast but sees Middle East ‘risk’
Digital Journal www.digitaljournal.com
The OECD raised its 2024 world economic growth forecast Monday but warned that the Middle East conflict posed a risk, with disruptions in Red Sea shipping threatening to increase consumer prices. The OECD now expects a 2.9 percent expansion, up from 2.7 percent in its previous forecast in November, as it sharply lifted the outlook […]
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conflict consumer disruptions east economic expansion forecast growth middle east monday november oecd risk sea sees shipping ups world