Skip to content

IMF Sees Supply-Chain Bottlenecks Slowing Global Growth in 2022

IMF And World Bank Headquarters Ahead Of Virtual Spring Meetings
Photographer: Samuel Corum/Bloomberg

Supply-chain disruptions that have bedeviled the world are spurring the International Monetary Fund, the global financial firefighter, to predict slower global growth and faster inflation as delays hit the globe’s biggest economies.

The IMF expects economic growth of 4.4% this year, down from a prior estimate of 4.9%, according to an update of its World Economic Outlook on Tuesday. It sees inflation of 3.9%, up from a previous 2.3% forecast, led by higher food and energy prices. (To see Eric Martin’s full story, click here.)