Global Growth Outlook Ebbs in Face of Ukraine War, China Slowdown

Posted on AllSides April 22nd, 2022
From The Center
Samuel Corum/Getty Images

Economic growth is slowing in large parts of the globe as businesses struggle to navigate a looming slowdown in China and surging prices aggravated by Russia’s war in Ukraine.

Surveys of purchasing managers conducted over recent weeks point to weakening growth in major economies such as Germany and the U.K. in April, as activity remains solid in other parts of Europe and Asia.

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