According to the Monetary Fund, inflation in Austria remains at over eight percent – Economy

So far it’s just a forecast, but should it come true, the figure will cause a lot of headaches for domestic politicians. The International Monetary Fund (IMF) presented its new forecast for the development of the global economy on Tuesday. The global growth engine continues to sputter, and the global economy is expected to grow by 2.8 percent this year. Development in the industrialized countries is weak, but not dramatically bad, even if unemployment is expected to rise once more somewhat. The good news is that inflation is falling significantly this year according to the IMF.

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Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

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