74
Markets2h 3m ago

The World Bank has lowered its global growth forecast for 2026 to 2.5 per cent, warning that the conflict in the Middle East has triggered a fresh shock to the global economy.

New Delhi, India (for report release); Middle East (conflict location)

Who
The World Bank
What
The World Bank has lowered its global growth forecast for 2026 to 2.5 per cent, warning that the conflict in the Middle East has triggered a fresh shock to the global economy.
When
Sat, 13 Jun 2026 05:13:10 GMT · 2h 3m ago
Where
New Delhi, India (for report release); Middle East (conflict location) ·
Why
The conflict in the Middle East is disrupting energy markets, fuelling inflation, and weakening global growth prospects.
The Frontline Impact

How this affects you

The global economy is projected to slow to 2.5% in 2026, the lowest rate since the COVID-19 pandemic, due to sharp increases in energy prices and commodity prices, which are expected to rise by 22% overall in 2026, reigniting inflationary pressures worldwide.

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