Summary
- The United Nations said it lowered its 2026 global economic growth forecast to 2.5%% from 2.7%%, reflecting the fallout from the conflict in the Middle East.
- The UN said energy supply concerns, inflation pressures and uncertainty in energy markets are weighing on the global economy.
- The UN said global growth could slow to 2.1%% if energy supply disruptions worsen, while markets are focused on how rising energy prices and the risk of slower global growth could affect monetary policy and financial-market volatility.
Forecast Trend Report by Period
The United Nations lowered its 2026 global economic growth forecast, citing the fallout from the conflict in the Middle East. Energy supply concerns and inflation pressures are rising at the same time.
Walter Bloomberg reported on May 19 that the UN cut its 2026 global growth forecast to 2.5% from 2.7%.
The UN said the Middle East conflict and uncertainty in energy markets are weighing on the global economy.
It also raised its 2026 global inflation forecast to 3.9% from 3.1%.
The UN added that global growth could slow to 2.1% if disruptions to energy supplies worsen.
It also lowered its 2027 global growth forecast to 2.8% from 2.9%.
International oil prices have recently climbed above $100 a barrel amid tensions around the Strait of Hormuz and broader geopolitical risks in the Middle East.
Markets are watching how higher energy prices and the risk of slower global growth could affect monetary policy in major economies and volatility in financial markets.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
