Results may be inappropriate (e.g., summing series expressed as a percentage) and caution should be observed when using this function. The World Bank EdStats Query holds around 2,500 internationally comparable education indicators for access, progression, completion, literacy, teachers, population, and expenditures. It presents the most current and accurate global development data available, and includes national, regional and global estimates. Provides an understanding of Open Data and how to get "up to speed" in planning and implementing an open data program. Consumer Price Index CPI in the United States is expected to be 300.55 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. These are partly the result of Western sanctions on Russian energy, which have driven up the price of oil and gas worldwide. Rising food prices and accelerating aggregate inflation may also compound challenges associated with food insecurity in low-income countries. Inflation measures the general evolution of prices. 16. 17. A competitive workforce will generate much-needed efficiency for Vietnam in the long term.. With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. In those emerging market and developing economies where inflation rises above target, a monetary policy response may not be warranted provided it is temporary and inflation expectations remain well-anchored. While there are welcome signs of global recovery, the pandemic continues to inflict poverty and inequality on people in developing countries around the world, said World Bank Group President David Malpass. Global data and statistics, research and publications, and topics in poverty and development, Foreword by World Bank Group President David Malpass, World Bank Support for Country Access to COVID-19 Vaccines, Environmental and Social Policies for Projects. Risks include growth slowdown or stagflation in main export markets, further commodity price shocks, continued disruption of global supply chains, or the emergence of new COVID-19 variants. For more, see regional overview. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. For more, see regional overview. Other factors behind the slowdown in growth from January's forecast include higher food and fuel costs being borne by consumers in developed economies. 10. Summary. 197001 197002 197003 197004 197005 197006 197007 197008 197009 197010 197011 197012 . Show Metadata Links. 6mm arc vs 22 nosler; w211 can bus problem; 2014 ford focus se sedan problems; page of cups reversed pregnancy; cubemadness1 htb . Provides access to comprehensive annual statistics on external debt stocks and flows for 120 developing countries. Global growth is set to slow sharply, as the initial rebound in consumption and investment fades and macroeconomic support is withdrawn. The rebound in global activity, together with supply disruptions and higher food and energy prices, have pushed up headline inflation across many countries. Deviation of output from pre-pandemic trends. Various downside risks cloud the outlook, including simultaneous Omicron-driven economic disruptions, further supply bottlenecks, a de-anchoring of inflation expectations, financial stress, climate-related disasters, and a weakening of long-term growth drivers. The indicators cover the education cycle from pre-primary to tertiary education. Companies. Data. Vietnam's economy expanded 5.2 percent [1] in Q4-2021, 5.1 percent in Q1-2022, and 7.7 percent in Q2-2022, as consumers satisfied pent-up demand and foreign tourist arrivals picked up, according to the report, " Taking Stock: Educate to Grow ," the World Bank's bi-annual economic outlook for Vietnam. 12. Got a confidential news tip? If you continue to navigate this website beyond this page, cookies will be placed on your browser. Among emerging markets and developing economies, China is anticipated to rebound to 8.5% this year, reflecting the release of pent-up demand. 13. Major drivers of growth had been expected to lose momentum even before the COVID-19 crisis, and the trend is likely to be amplified by the scarring effects of the pandemic. An analytical section of the Global Economic Prospects report examines how lowering trade costs such as cumbersome logistics and border procedures could help bolster the recovery among emerging market and developing economies by facilitating trade. This forecast in the near-term is based on announced price changes by energy companies and affected by the Ofgem energy price cap. 140. This site uses cookies to optimize functionality and give you the best possible experience. 2. 9. 6. Consumer Price Index CPI Forecast 2022/2023 - was last updated on Thursday, November 10, 2022. For more information, please visit:www.worldbank.org.vn, Follow us on:https://www.facebook.com/worldbankvietnam, [1] All growth rates are year-over-year unless otherwise indicated. The average FY23 inflation was maintained at 6.7 percent, with risks being broadly balanced. Globally coordinated efforts are essential to accelerate vaccine distribution and debt relief, particularly for low-income countries. Open Finances Explore raw data about the World Bank Group's finances, including disbursements and management of global funds. The reports include three-year forecasts for the global economy and long-term global scenarios which look ten years into the future. Provides access to basic information on all of the World Bank's lending projects from 1947 to the present. The 2020 global recession brought about the smallest inflation decline and the fastest subsequent inflation upturn of the last five global recessions. Countries from The World Bank: Data. Notes 1: The Outlook Report may be released at the beginning of the months following those listed above depending on schedule adjustments. This raises the risk of stagflation, with potentially harmful consequences for middle- and low-income economies alike. However, the recovery in many countries is being held back by a resurgence of COVID-19 cases and lagging vaccination progress, as well as the withdrawal of policy support in some instances. In early April, the World Bank predicted that Moscow's GDP would fall 11.2% this year as a result of the sanctions. Low-income economies are forecast to expand by 2.9% in 2021 before picking up to 4.7% in 2022. While global inflation is likely to continue to rise over the remainder of this year, inflation is expected to remain within target ranges in most inflation-targeting countries. Low-income economies are forecast to expand by 2.9% in 2021 before picking up to 4.7% in 2022. Latin America and the Caribbean: Regional economic activity is expected to grow by 5.2% in 2021 and 2.9%. Contributions of major economies to global growth. Data is a real-time snapshot *Data is delayed at least 15 minutes. The Outlook Report presents the Bank's outlook for developments in economic activity and prices, assesses upside and downside risks, and outlines its views on the future course of monetary policy. Price pressures, partly induced by the Russian Federation's invasion of Ukraine, are sharply reducing food affordability and real incomes across the region. Malaysia Consumer Price Index (CPI) - September 2022 Data - 1972-2021 Historical Malaysia Consumer Price Index (CPI) Consumer Price Index CPI in Malaysia increased to 128.20 points in August from 127.90 points in July of 2022. source: Department of Statistics, Malaysia 1Y 5Y 10Y 25Y MAX Chart Compare Export API Embed BoE forecast . However, at current trends, global trade growth is set to slow down over the next decade, World Bank Group Vice President for Equitable Growth and Financial Institutions Indermit Gill said. Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. All statistical news for this statistic Tables and graphs Consumer Price Index (CPI) The World Bank Group works in every major area of development. Domestic challenges include continued labor shortages, the risk of higher inflation, and heightened financial sector risks. For more, see regional overview. For more, see regional overview. Excluding quarters impacted by increases to GST rates, the September quarter movement was . Reforms to Vietnams higher education system could help support development objectives, the report says. 170. Sources: Consensus Economics; World Bank.Note: Figure shows the Consensus forecast for median headline CPI inflation for 2021-22 based on December 2021 and May 2021 surveys of 32 advanced economies and 50 EMDEs. Sub-Saharan Africa: Economic activity in the region is on course to rise by 2.8% in 2021 and 3.3% in 2022. In contrast to advanced economies, most EMDEs are expected to suffer substantial scarring to output from the pandemic, with growth trajectories not strong enough to return investment or output to pre-pandemic trends over the forecast horizon of 2022-23. Supports countries in conducting multi-topic household surveys to generate high-quality data, improve survey methods and build capacity. Growth in low-income economies this year is anticipated to be the slowest in the past 20 years other than 2020, partly reflecting the very slow pace of vaccination. . Exchange rates and prices. 20. The World Bank Group works in every major area of development. 21. By 2025, CPI inflation in the US is expected to return to 2%. of the authors. Russia has blockaded Ukraine's major Black Sea ports, making it extremely dangerous for shipping vessels carrying grain and other products to travel the key maritime pathway connecting Ukraine to the rest of the world. A Global Database of Inflation The World Bank's Prospects Group has constructed a global database of inflation. 5. Explore raw data about the World Bank Groups finances, including disbursements and management of global funds. Among low-income economies, where vaccination has lagged, the effects of the pandemic have reversed poverty reduction gains and aggravated insecurity and other long-standing challenges. Economic losses from weather and climate disasters. Guides readers through the Sustainable Development Goals using interactive storytelling and innovative data visualizations. 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