Author: Marketforces Africa

MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

IMF: Britain to Avoid Recession in 2023 The UK is no longer expected to fall into recession in 2023, thanks to resilient demand and supply, though the outlook is still subdued due to high inflation and the resulting monetary tightening, the International Monetary Fund said Tuesday. The IMF anticipates a 0.4% economic growth for Britain in 2023, upgraded from its previous estimate of a 0.3% contraction. The revised forecast reflects faster wage growth in relation to inflation, improved government spending and rising confidence following Brexit, further boosted by lower energy prices and normalization in the global supply chains. With disinflation…

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