The global economy should avoid a recession next year but the worst energy crisis since the 1970s will trigger a sharp slowdown, with Europe hit hardest, the OECD said, adding that fighting inflation should be policymakers' top priority, APA reports citing Reuters.
National outlooks vary widely, although Britain's economy is set to lag major peers, the Organisation for Economic Cooperation and Development said on Tuesday.
It forecast that world economic growth would slow from 3.1% this year - slightly more than the OECD foresaw in its September projections - to 2.2% next year, before accelerating to 2.7% in 2024.
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