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Global Economic Growth, Inflation Set to Slow in 2022

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With some critical supply shortages and shipping bottlenecks persisting into 2022 and beyond, inflation pressures will subside only gradually, according to a new report from IHS Markit. The report noted that IHS Markit manufacturing Purchasing Manager’s Index (PMI) data shows supplier delivery times lengthening to the greatest extent on record in October, leading to sharp…

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