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OECD/G20 INCLUSIVE FRAMEWORK ON BEPS
A ground-breaking tax deal for the digital age

Ministerial Council Meeting 2021, part II
Shared values: "Building a green and inclusive future"

Business and Finance Outlook 2021
Boosting trust in AI crucial for the financial sector

INTERIM ECONOMIC OUTLOOK
Global economic recovery continues – but there are risks

In focus

Data insights

Inflation to gradually moderate by end of 2022

The annual rate of consumer price inflation in the G20 economies is projected at around 4.5% in 2021, before receding to 3% in 2022. The decline is expected due to resolved supply chain bottlenecks and stabilised costs.  As labour markets recover in terms of employment, cost pressures will continue to moderate.

The United States, Canada and the United Kingdom recently recorded a sudden surge in inflation, while Japan and the EU will witness a spike as the recovery progresses. Emerging economies like Argentina, Brazil, Mexico, Russia and Turkey experienced major upside surprises, likely to be balanced out by tighter monetary conditions in 2022.

 

 

 

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