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Emerging Markets Monthly Highlights: Risks Are Here To Stay Beyond This Summer

July 20, 2022

S&P Global Ratings updated its forecasts for emerging markets (EMs). Despite strong first-quarter performance among some EMs, we lowered our forecast for average real GDP growth to 4.2% in 2022 from our March projection of 4.8%, mostly because of the downward revision of our forecast on China, according to our report published today