Global economy grew 3.1% in 2024, surpassing expectations with strong labor markets and easing inflation.

QNB reported that the global economy surpassed expectations in 2024, achieving a modest growth rate of 3.1%. Advanced economies, including the US, China, and the Euro area, saw positive conditions with inflation normalizing and monetary policies easing. Despite initial challenges, resilient labor markets and stimulus measures in China contributed to better-than-expected economic performance.

3 months ago
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