OECD has reported that the global economic outlook remains stable but weakened due to rising energy prices and geopolitical tensions.
Growth outlook
- Global GDP growth projected at 2.9% in 2026
- Expected to rise slightly to 3.0% in 2027
Inflation pressures
- G20 inflation forecast at ~4% in 2026
- Expected to ease to 2.7% in 2027
- Driven largely by higher energy costs
Regional outlook
- US growth: 2.0% → 1.7%
- Eurozone: 0.8% → 1.2%
- China: ~4.3–4.4%
- Japan: ~0.9%
Key risks
The OECD highlighted:
- Energy price shocks linked to geopolitical tensions
- Supply chain disruptions
- Rising uncertainty impacting investment and trade
The report stresses that reducing trade tensions and avoiding new export restrictions will be critical to sustaining global economic recovery.
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