The General Bureau of Accounting and Accounting today announced the latest economic forecasts, estimating that economic growth rates in 2022 and 2023 will be 3.06% and 2.75%, respectively, and the “Guarantee 3” next year it will fail.
The international situation is turbulent, the US Federal Reserve (Fed) and other major central banks are vigorously implementing monetary tightening policies, the shadow of inflation has not dissipated and the war between Russia and Ukraine has not yet subsided , many uncertainties affect the economic outlook, global demand is shrinking, government agencies and think tanks have become cautious about the economic outlook.
The General Bureau of Finance and Accounts held a press conference today on economic forecasts. Compared with August’s forecasts of 3.76% and 3.05% growth in 2022 and 2023, both were revised lower today and the economic growth rate in 2023 has been revised downwards by 0.30 percentage points to 2.75%. The CPI growth rate for next year is estimated at 1.86%, which is also higher than the August forecast of 1.72%.
Responsible editor: Yu Weining
