UN Predicts World Economic Growth to Slip to 2.7% in 2026
Global economic growth is forecast to decline to 2.7% in 2026 from 2.8% last year before increasing to 2.9% in 2027 - still down from the pre-pandemic average of 3.2% between 2010 and 2019, according to a United Nations report released on Thursday.
The World Economic Situation and Prospects report said that while a sharp increase in U.S. tariffs in 2025 created new trade tensions, the absence of broader escalation has helped limit disruptions to international commerce.
"Despite the tariff shock, global economic activity proved resilient, supported by front-loaded shipments, inventory accumulation,and solid consumer spending amid monetary easing...
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