Economic growth remains below pre-COVID-19 levels, mainly owing to protracted macroeconomic instability. Economic growth is estimated at 3.7 percent for 2023, with positive contributions from the services...
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inflation
Highlights: Since the last update on April 11, 2024, the agriculture and cereal price indices closed 1 percent higher, and the export price index closed 3 percent...
The economy has recovered to pre-COVID level but remains below its pre-COVID trajectory. The COVID-19 crisis led to an economic contraction in 2020-21 before recovering by 5.2 percent in 2022...
Highlights: In 2024Q1, global domestic food price inflation was 4.9 percent, down from 5.7 percent in 2023Q4. Decreasing international prices of various agricultural commodities...
Viet Nam’s economy slowed sharply in 2023 with three key drivers of growth – exports, consumption, and private domestic investment – losing momentum. On the production...
The Middle East and North Africa (MENA) region is expected to grow modestly in 2024, returning to the low growth that prevailed in the decade before the pandemic. In addition to examining the macroeconomic outlook...
Highlights: • Since the last update on March 28, 2024, the agriculture and export price indices closed 3 percent higher and 8 percent higher, respectively, while...
The April 2024 edition of Africa’s Pulse, a biannual survey of African economies, finds that economic activity is set to rebound in Sub-Saharan Africa, supported by increased private consumption...
Bangladesh’s post pandemic recovery faces continued headwinds in FY24. Economic conditions worsened in FY23 as inflation increased and the balance of payments deficit widened. The introduction of a multiple...
Highlight: Since the last update on March 18, 2024, the agricultural and export price indices closed 8 percent and 16 percent higher, respectively, while the cereal price...