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Economics30m ago

The World Bank cut its global growth forecast for 2026 to 2.5%, the slowest pace since the Covid-19 pandemic.

global

Who
The World Bank
What
The World Bank cut its global growth forecast for 2026 to 2.5%, the slowest pace since the Covid-19 pandemic.
When
Thu, 11 Jun 2026 14:42:13 GMT · 30m ago
Where
global ·
Why
The cut in global growth forecast is attributed to higher energy prices, rising input costs, and disrupted global trade routes stemming from the ongoing conflict in the Middle East.
The Frontline Impact

How this affects you

The World Bank has reduced its global economic growth projection for 2026, signaling a slowdown that will affect business activities and household spending worldwide, particularly due to higher energy costs.

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