The OECD (Organization for Economic Co-operation and Development) has revised the global economic growth rate of this year to 5.7%, down 0.1 points from the previous time due to the effects of the spread of mutated coronavirus infection.
On the 21st, the OECD announced the latest forecast of global economic growth rate of 5.7%.
Due to the spread of mutant virus infection and the resulting disruption of the supply network = supply chain, the forecast was revised downward by 0.1 points compared to the previous May forecast.
Of this, Japan's growth rate was set at 2.5%, which was lowered by 0.1 points due to the prolonged state of emergency and continued weak consumption.
In addition, the United States lowered 0.9 points to 6%, while China remained unchanged at 8.5%, the same as the previous forecast.
The OECD expects global economic growth to remain strong, but points out that in the short term there is a risk of accelerated inflation due to a surge in demand.
In addition, he said that recovery is delayed in areas where vaccination has not progressed, and that the international community should support vaccination in developing countries in order to get the growth of the whole world on track.