OECD Economic Outlook, Interim Report March 2026-Testing Resilience
you are currently viewing::OECD Economic Outlook, Interim Report March 2026-Testing ResilienceMarch 26, 2026-Introduction
On the downside, the halt in shipments through the Strait of Hormuz and the closure and damage of some energy infrastructure has generated a surge in energy prices and disrupted the global supply of energy and other important commodities, such as fertilisers. This is raising costs, weighing on demand and adding to inflationary pressures. Global growth remained resilient prior to the conflict, but rising energy prices and uncertainty now weigh on the outlook Global GDP growth is projected to remain broadly stable at 2.9% in 2026 before edging up to 3.0% in 2027, sustained by robust technology-related investment and gradually lower effective tariff rates. However, the evolving conflict in the Middle East weighs on growth and generates significant uncertainty around global demand. Source: oecd.org |
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