Global Economy: Tenuous Resilience amid Persistent Uncertainty
you are currently viewing::Global Economy: Tenuous Resilience amid Persistent UncertaintyJuly 29, 2025--Global growth expected to decelerate as trade-related distortions wane This reflects front-loading ahead of tariffs, lower effective tariff rates, better financial conditions, and fiscal expansion in some major jurisdictions. Global inflation is expected to fall, but US inflation is predicted to stay above target. Downside risks from potentially higher tariffs, elevated uncertainty, and geopolitical tensions persist. Source: IMF.org |
May 6, 2026-- Year-on-year inflation in the OECD as measured by the Consumer Price Index rose to 4.0% in March 2026 from 3.4% in February, driven by an 8.6 percentage-point increase in energy inflation.
Headline inflation increased in most OECD countries (33 out of 37 with available monthly data), remained broadly stable in two, and declined in Slovenia and Turkey.