OECD Warns Global Growth Falls to 2.9 Percent as Inflation Among G20 Nations Rises to 4 Percent

The OECD warns that the Middle East conflict is derailing global economic stability by driving inflation.Global GDP growth is projected to decelerate to 2.9 percent due to oil shipment disruptions.US growth is revised to 2 percent for 2026 while inflation is expected to reach 4.2 percent.Eurozone growth forecasts were slashed to 0.8 percent as energy costs impact industrial output.
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