The IMF stated that if oil prices rise by 10% and continue for one year, global inflation rate will increase by 40 basis points.
The Managing Director of the International Monetary Fund, Kristalina Georgieva, stated that if energy prices increase by 10% and continue for a year, it will lead to a global inflation rate increase of 40 basis points and a slowdown in economic growth of 0.1% to 0.2%. "The world economy has shown extraordinary resilience. Despite multiple shocks, economic growth has reached 3.3%," Georgieva said during an interview with Bloomberg TV's Haslinda Amin at the IMF conference "Asia 2050" held in Bangkok. "But this resilience is once again being tested."
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