UN lowers forecast for global economic growth in 2026 over Mideast energy crisis - BNN Bloomberg
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Article Excerpt
UNITED NATIONS — Responding to Middle East crises and rising oil prices, the United Nations on Tuesday lowered its forecast for global economic growth and raised the prospects for inflation this year. UN economists said global GDP growth is now forecast at 2.5 per cent for 2026, down from 2.7 per cent in January, and they said it could fall to only 2.1 per cent “in a more adverse scenario.” That would be one of the weakest growth rates this century, outside of the COVID-19 pandemic and the global financial crisis of 2008, Shantanu Mukherjee, director of economic analysis in the UN Department o…
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May 19, 2026