Global economy watch: January 2022


Predictions for 2022: Reaping the benefits of a “high-pressure” economy?

Explore the predictions PwC think will prevail in the global economy in 2022, including our GDP and inflation projections and the impact of COVID-19.

As we usher in the new year, our clients and the wider business community will be refreshing their business plans in the hope that the year ahead is less eventful than the last. To help provide some clarity, in this edition of the Global Economy Watch, PwC takes a look at what 2022 might have in store for the global economy.

At the risk of sounding like a broken record, PwC reminds their readers that the new variant of COVID-19, Omicron, introduces a huge level of short-term uncertainty to our outlook. The predictions in this paper, as well as our gross domestic product (GDP) and inflation projections, are based on our assumption that Omicron’s economic impact will be limited and that the current set of booster vaccines, or indeed those that are likely to be introduced at the end of Quarter 1 / beginning of Quarter 2, provide adequate protection against serious illness.

More details on their website.