The OECD has revised its global growth projections downward, expecting a slowdown to 3.1% in 2025 and 3.0% in 2026, affected by trade barriers and geopolitical uncertainties. The United States and eurozone are projected to exhibit weaker growth rates, with US growth likely to decline to 1.6% by 2026. The report emphasized the negative impact of rising trade restrictions on both production and consumption costs and highlighted the ongoing issue of inflation, with G20 countries facing 3.8% inflation in 2025.
Global growth is projected to slow to 3.1% in 2025 and 3.0% in 2026, reflecting weaker growth in the US and eurozone and rising trade barriers.
Increasing trade restrictions will contribute to higher costs for both production and consumption, highlighting the need for open markets and a rules-based trading system.
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