The International Monetary Fund (IMF), on Tuesday (July 25) slightly raised the outlook for global growth this year given the resilient economy, particularly, service sector activity in the first quarter of 2023.

IMF raises 2023 global economic growth forecast to 3 per cent; India remains bright spot

The European Commission (EC), on Monday (February 13), raised its growth forecast for the eurozone this year and also expects inflation to be lower than previously estimated at the end of 2022.

European Commission raises eurozone growth forecast for 2023 as inflation eases

The Japanese government is considering raising its economic growth forecast for fiscal 2022 to take into account the effects of its record $490 billion stimulus package.

Japan govt considering lifting FY2022 economic growth forecast