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UN Forecasts Slower Global Growth Amid Trade Tensions

5/17/2025

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Summary

Story summary

The UN predicts a dip in global economic growth to 2.4% by 2025, a decline from 2.9% in 2024. Major players like the US (1.6%) and China (4.6%) grapple with trade tensions and inflation, while India shines with a robust 6.3% growth. However, food inflation continues to burden low-income families, particularly in Africa and South Asia.

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Story summary

The UN predicts a dip in global economic growth to 2.4% by 2025, a decline from 2.9% in 2024. Major players like the US (1.6%) and China (4.6%) grapple with trade tensions and inflation, while India shines with a robust 6.3% growth. However, food inflation continues to burden low-income families, particularly in Africa and South Asia.