BUSINESSAL-MONITOR
World Bank lowers global growth forecast on Iran war impacts
The World Bank has lowered its global growth forecast to 2.5% for 2026, citing the expanding economic impacts of the war in the Middle East. The report also predicts an average inflation rate of 4%.
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- Citing fallout from Iran war, World Bank cuts forecast for global economic growth
- International Monetary Fund predicts rise in global inflation, downgrades global growth outlook
- IMF says Iran war "halted" global economic momentum, expects hotter inflation
- China’s economy grows at 5% in first quarter, shrugging off initial impact of Iran war
- Energy shock from Iran war to weigh on Europe’s growth, boost inflation
- The Iran war is hammering the global economy worse than any crisis since COVID, the World Bank says