International Monetary Fund expects a drop in energy prices at the beginning of next year

International

12-10-2021, 22:26

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Baghdad-INA

The International Monetary Fund expected a decline in energy prices by the beginning of 2022.

"It is likely that energy prices will maintain the high recorded in recent days, before falling back early next year," the chief economist at the International Monetary Fund, Gita Gopinat, said in an interview with AFP.

"While energy prices will be 'high' in the next few months, we expect it to decline by the late first quarter of next year and entering the second quarter," she added.

"We will be in a better position after the winter months pass. We expect it to come back," she said.