Rising inflation and a sharp increase in oil prices are weighing on global economic growth as G7 leaders gather in France. The slowdown follows months of conflict involving the United States, Israel, and Iran, which disrupted energy markets worldwide. Governments, businesses, and consumers are facing higher costs despite a recent agreement aimed at restoring stability. […]
global economic growth
IMF predicts global inflation slowdown in 2026
Dubai: Global inflation is expected to fall to 3.8% in 2026 and further to 3.4% in 2027, IMF Managing Director Kristalina Georgieva said. She attributed the decline to softer demand and lower energy prices. Georgieva made the remarks at the Annual Arab Fiscal Forum in Dubai. She added that global growth has held up “remarkably […]