IMF: Inflation to return in 2018

In its latest estimate measure released on Wednesday, the International Monetary Fund (IMF) indicated that 2017’s stagflation will not be extended into this year.

Key Points:

We won't have a repeat of 2017's "stagflation".

Sees a return to inflation in 2018

The growth estimate measure showing that advanced economies' output gap will turn positive in 2018 - after nearly a decade of negative output gap estimates.