OECD: Global economy stays resilient
The Organisation for Economic Co-operation and Development (OECD) expects the global economy to remain strong despite the impacts of the Middle East conflict, with its growth forecast for 2026 raised to 2.9% from 2.8% previously. This outlook is supported by government aid to lower energy prices and significant investments in artificial intelligence. Although growth has slowed compared to last year’s 3.4%, financial support and exceptional measures have helped resist economic pressures. The organization warned of the risks posed by persistent high energy prices and inflation, highlighting the need to adjust monetary policies if inflationary pressures intensify. Volatile oil prices due to the war have also been noted. The OECD further forecasted a slight contraction in France’s growth to 0.4% in 2026, while expecting stronger growth in the United States and China. It also warned that extreme weather phenomena, such as El Niño, will continue to impact agricultural output and food prices.
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