Opec slightly raises global economic growth forecast for 2022 – The National

Opec slightly raises global economic growth forecast for 2022 – The National

Opec on Tuesday said it expects the global economic growth to slightly rise in 2022 as some economies grew more strongly than expected in the third quarter.

The group of crude producing countries, which stuck to its oil demand forecast for this year and the next, said world economy will grow 2.8 per cent this year, up from its previous estimate of a 2.7 per cent growth.

The 2023 global economic growth forecast was left unchanged at 2.5 per cent.