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Global GDP projected to increase 2.5 pc in 2023: SP Global Market Intelligence

New Delhi [India], August 23 (ANI): SP Global Market Intelligence has revised the global real GDP growth forecast for 2023 to 2.5 per cent, primarily owing to upward revisions in the US forecast.
Earlier, it had predicted global growth at 2.4 per cent.
However, the 2024 global growth forecast is kept unchanged at 2.4 per cent.
Turning the focus to India, it said the country’s economy is continuing to show rapid expansion,