Business EconomyPosted at: Mar 17 2025 6:21PM


Global GDP growth projected to slow down to 3.1 pc in 2025, 3 pc in 2026

Paris, Mar 17 (UNI) Global GDP growth is projected to moderate from 3.2 percent in 2024 to 3.1 percent in 2025 and 3.0 percent in 2026, the Organization for Economic Cooperation and Development (OECD) said on Monday in its latest Economic Outlook.
According to the OECD, the downward adjustment from its previous forecast is due to "higher trade barriers in several G20 economies and increased geopolitical and policy uncertainty weighing on investment and household spending."
"Higher and broader increases in trade barriers would hit growth around the world and add to inflation," the OECD warned.
In its previous Economic Outlook published in December 2024, the OECD projected that global GDP growth would be 3.3 percent in 2025 and 2026.
The GDP growth in the United States is projected to slow as tariff rate increases take effect. According to the organization, U.S. GDP growth is projected to slow to 2.2 percent in 2025 and 1.6 percent in 2026.
The OECD also warned that the imposition of new bilateral tariff rates and the associated increase in policy and geopolitical uncertainty will act as a drag, particularly on business investment and trade.
"In addition, increased trade costs are expected to feed through gradually to final goods prices, putting additional upward pressure on inflation in many countries," it stressed.
The OECD noted that core inflation in over half of the advanced G20 economies, including the United States, is expected to remain above central bank targets in 2025 and 2026.
UNI XINHUA GNK
Please log in to get detailed story.
Tags: #Global GDP growth projected to slow down to 3.1 pc in 2025# 3 pc in 2026
More News

Singareni is preparing to undertake more mines in other states and countries : CMD

19 Apr 2025 | 8:11 PM

Hyderabad, Apr 19 (UNI) Inspired with the successful inauguration of the Naini coal mine in Odisha, Singareni Collieries Company Limited (SCCL) Chairman and Managing Director N. Balaram on Saturday said that the company is preparing to undertake more mines and other mineral productions in various other states and countries.

see more..

Hyderabad: MSN Realty launches first luxury residential project 'One by MSN'

19 Apr 2025 | 7:36 PM

Hyderabad, Apr 19 (UNI) MSN Realty, the real estate arm of the MSN Group, which entered into the real estate sector in August last year, launched its first luxury residential project, ‘One by MSN’, at Neopolis, Kokapet on the outskirts of the city.

see more..
Kottayam-Kochi Rubber Market Rates

Kottayam-Kochi Rubber Market Rates

19 Apr 2025 | 4:37 PM

Kottayam, Apr 19 (UNI) Following were the Rubber Market rates announced by the Rubber Board here on Saturday per quintal
Kottayam
RSS FOUR: 19700
RSS FIVE : 19400
Kochi
RSS FOUR : 19700
RSS FIVE : 19400
UNI PA BD.

see more..
Actress Parvathy Nair launches CoBeing-Skin Glow Collagen

Actress Parvathy Nair launches CoBeing-Skin Glow Collagen

19 Apr 2025 | 3:08 PM

Chennai, Apr 19 (UNI) The Co Being, a leading player in health and wellness space, on Saturday
launched its flagship project Skin Glow Collagen featuring popular film actress Meena.

see more..

Japan-based NTT DATA to set up Rs 10K Cr AI Data center cluster in Telangana

18 Apr 2025 | 7:21 PM

Hyderabad/ Tokyo, Apr 18 (UNI) In a landmark move to accelerate India’s AI infrastructure, Japan based NTT DATA, a global leader in digital transformation and IT services, and Neysa Networks, an AI-first cloud platform company, have signed a tripartite Memorandum of Understanding (MoU) with the Government of Telangana to establish a AI Data Center Cluster in Hyderabad , the state capital of Telangana, with a huge investment of Rs 10,500 crore.

see more..