The World Bank’s latest flagship report identifies the Middle East conflict as a major driver of the sharpest global growth slowdown since the COVID-19 pandemic.
Tag: Inflation
World Bank Flags Global Growth Slowdown to 2.5% in 2026 — Iran War Adding Inflationary Pressure
The World Bank’s latest flagship report identifies the Middle East conflict as a major driver of the sharpest global growth slowdown since the COVID-19 pandemic.
RBI Monetary Policy Stance Likely to Stay on Hold as Inflation Hits Near 3.9% Close to Target
Goldman Sachs economists say limited space exists for further policy easing as India’s headline inflation approaches the Reserve Bank’s 4% target after 125bps of cuts.
Japan’s PM Sanae Takaichi Announces ¥370 Trillion Fiscal Expansion Roadmap Through 2035
Japan’s prime minister outlines a sweeping long-term investment plan aimed at AI defense and infrastructure as the economy manages its first sustained inflation in 30 years.
World Bank Cuts Global Growth Forecast to 2.5% for 2026 — Lowest Rate Since COVID-19 Pandemic
The World Bank’s June Global Economic Prospects report attributes the slowdown to the Middle East conflict’s impact on energy prices inflation and trade disruption.
UK Retail Sales Fall at Sharpest Pace in 2026 as Consumer Confidence Weakens and Prices Rise
The CBI’s Distributive Trades Survey shows retail volumes dropping to a weighted balance of -54 in June — the steepest monthly fall seen this year in Britain.
RBI Raises CPI Inflation Projection to 5.1% for FY27 Amid Energy Shocks
India’s central bank revises inflation forecast upward from 4.6% to 5.1% citing higher crude oil and global supply disruptions.
India’s Inflation Expected to Rise to 3.9% in 2026 Near RBI Target
Headline inflation in India is forecast to approach the RBI’s 4% target this year, supported by strong domestic demand and moderating energy costs.
Federal Reserve’s Preferred Inflation Gauge to Be Key Test of Cheaper Oil Impact
Markets are watching the PCE inflation report due this week as falling oil prices may finally be translating into broader price relief in the US.
West Asia Peace Deal Could Slash India Oil Import Bill and Significantly Ease Inflation Pressure
Analysts predicted that the U.S.-Iran ceasefire and peace framework signed at Versailles could significantly cut India’s oil import costs and reduce inflationary pressure.