Global economy projected to grow 2.8 pct in 2025: UN

UNITED NATIONS, Jan. 9 (Xinhua) -- Global economic growth is projected to remain at 2.8 percent in 2025, unchanged from last year, according to a UN report released on Thursday.

Despite falling inflation, improving labor market conditions, and monetary easing, global growth is predicted to remain below the pace seen before the pandemic, and the world economy continues to face significant uncertainties, the UN World Economic Situation and Prospects 2025 report says.

The report forecasts the world economy will increase 2.9 percent in 2026.