Accounting firm, KPMG International, is forecasting global growth will slow from the 2-point-7 percent 2023 pace to 2-point-5 percent in 2024 and rebound to 2-point-7 percent next year.

Inflation is expected to continue to cool, but in many countries the price pressure will take longer to unwind than it took to emerge.

The latest predictions in KPMG's Q2 2024 Global Economic Outlook reflect the current elevated geopolitical uncertainty, with nearly half of the world's population already voting or heading to the polls in 2024.

For more, Channel Africa's reporter Lebogang Mabange spoke to Chief Economist at KPMG South Africa, Frank Blackmore.

Accounting firm, KPMG International, is forecasting global growth will slow from the 2-point-7 percent 2023 pace to 2-point-5 percent in 2024 and rebound to 2-point-7 percent next year.
Inflation is expected to continue to cool, but in many countries the price pressure will take longer to unwind than it took to emerge.
The latest predictions in KPMG's Q2 2024 Global Economic Outlook reflect the current elevated geopolitical uncertainty, with nearly half of the world's population already voting or heading to the polls in 2024.
For more, Channel Africa's reporter Lebogang Mabange spoke to Chief Economist at KPMG South Africa, Frank Blackmore.

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