OECD Says Inflation Is Main Risk to Economic Outlook

OECD Says Inflation Is Main Risk to Economic Outlook
Shoppers browse in a supermarket in St. Louis, Miss., on April 4, 2020. Lawrence Bryant/Reuters
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PARIS—The main risk to an otherwise upbeat global economic outlook is that the current inflation spike proves longer and rises further than currently expected, the OECD said on Wednesday.

Global growth is set to hit 5.6 percent this year before moderating to 4.5 percent in 2022 and 3.2 percent in 2023, the Organisation for Economic Cooperation and Development said in its latest economic outlook.