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OECD cuts global growth forecasts amid Iran tensions
The Organisation for Economic Co-operation and Development (OECD) has lowered its global growth forecast from 3.4% in 2025 to 2.8% in 2026, warning that ongoing conflict between the United States and Iran could lead to a further deterioration of the global economy. If energy infrastructure disruptions persist until 2027, growth could decline to 2.1% in 2026 and 1.8% in 2027, with global inflation expected to rise by 0.4 percentage points in 2026 and 1.3 points in 2027. The report confirmed that escalating unrest complicates the efforts of central banks and increases the fragility of emerging economies.
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