From: The costs count

Will there be a global economic slowdown in the new year? A panel of experts gives their insights on what to expect.

If there’s one word that has caught everyone’s attention in 2022, it’s inflation.

It has been a major concern for millions of people around the world and will continue to be in 2023.

Everyday goods and services are becoming more expensive all over the world. Rising costs are making life more difficult for many people, who struggle to buy groceries, pay their bills and fill up their tanks at gas stations.

Global inflation is expected to drop from a staggering 8.8 percent in 2022 to 6.5 percent in 2023, while global output will slow to 2.7 percent in the new year.

The costs count looks at what the world economies can expect in 2023.

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By wy9m6

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