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Are certainly trying to carefully navigate these different challenges and we think that they are on the right track. right track. but even with government right track. but even with government following - right track. but even with | government following the right track. but even with - government following the imf s prescribed approach, the imf warns that there are many is from the war in ukraine to the covid pandemic that could yet derail the recovery of the world s economy. well we ve got new data out of china today that shows its economy is rebounding more quickly than expected thanks to the easing of covid restrictions last month. factory activity expanded in january for the first time in four months. the official manufacturing sector purchasing managers index came in at 50.1 forjanuary, up from 47 in december and just above the 50 point threshold that separates an expansion in activity from contraction. so that is a symbolic step in the right direction. ....
At the imf said in its world economic outlook that the cost of living crisis was continuing to bite in most economies with the fund s chief economist telling me the priority now is on reducing inflation in the months to come. on reducing inflation in the months to come. . , , , , months to come. our assessment is that the months to come. our assessment is that the battle months to come. our assessment is that the battle against - is that the battle against inflation has not yet been won, it would be premature to declare victory and it would risk losing a lot of the gains that have been accomplished in recent months in trying to control inflation and keeping inflation expectations and could. . ., , ., could. on country where growth has been revised could. on country where growth has been revised down - could. on country where growth has been revised down as - could. on country where growth has been revised down as the i has been revised down as the united kingdom stopping the imf ....
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