Global economic growth is expected to be slow this year. A recent forecast indicates a 3% expansion. This is lower than the previous year's growth and also lower than what was predicted earlier.

The reason for this slowdown is partly due to a conflict. Energy prices have increased significantly, affecting businesses and individuals. However, investments in new technologies are helping to offset some of the negative effects.

Further information on the global economic outlook is available from the International Monetary Fund. They have released a report with more details on the expected growth and the factors influencing it.