The Organization for Economic Cooperation and Development on Wednesday raised its global economic growth forecast for 2024 by 0.1 percentage point from its May estimate to 3.2 percent, citing slowing inflation and improving real wages. The Paris-based organization said Japan’s economy is expected to contract 0.1 percent in 2024, marking its first negative growth since 2020. The new forecast compares with a previously projected 0.5 percent expansion, reflecting the shrinkage of the world’s fourth-largest economy in the January-March quarter. In its interim economic outlook report, the OECD cite…