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Global economic recovery ‘really quite unique’, IMF says, amid supply chain disruptions and price increases

Published Oct 13 2021 at 1:34 AM GMT
Key
Points
  • Worldwide supply chain disruptions are driving price increases and draining momentum out of economies recovering from the coronavirus pandemic, the International Monetary Fund (IMF) warned on Tuesday.
  • The ongoing hit from the pandemic and the failure to distribute vaccines worldwide is worsening the economic divide and darkening prospects for developing nations, the IMF said in its latest World Economic Outlook.
  • The global economy is expected to grow 59 per cent this year, only slightly lower….




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  • Published Oct 13, 2021 1:34 AM GMT