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Economics2h 25m ago
The World Bank has cut its 2026 global growth forecast to 2.5 per cent.
Middle East
Who
The World Bank, IMF, OECD
What
The World Bank has cut its 2026 global growth forecast to 2.5 per cent.
When
Fri, 12 Jun 2026 13:58:54 GMT · 2h 25m ago
Where
Middle East ·
Why
The economic fallout from the Middle East conflict is driving higher energy and commodity prices, which could lift inflation and weaken growth if supply disruptions persist.
The Frontline Impact
How this affects you
The updated forecast indicates a significant slowdown in global economic growth, with inflation projected to rise further; this could particularly impact developing and low-income economies, many of which are already struggling post-pandemic.
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