OECD cuts 2026 global growth forecast to 2.8%
The OECD lowered its 2026 global GDP growth projection to 2.8% from 3.4% in its latest Economic Outlook, signaling a weaker near-term outlook.
The Organisation for Economic Co-operation and Development (OECD) has revised down its global GDP growth forecast for 2026 to 2.8%, down from the previous estimate of 3.4%. The new figure was published in the OECD's Economic Outlook released this week.
The downward revision points to a softer growth path for the world economy. The cut comes amid ongoing uncertainties, though the OECD did not specify the exact drivers in the initial summary. No adjustment was mentioned for the 2027 forecast.
Source: FXStreet Forex News