Global growth is slowing to lowest level since pandemic, says World Bank | TheBriefWire
Global growth is slowing to lowest level since pandemic, says World Bank
Published 11 June 2026 ยท world
Forecast for this year downgraded to 2.5% and inflation expected to jump as a result of war in the Middle East Global economic growth will
Forecast for this year downgraded to 2.5% and inflation expected to jump as a result of war in the Middle East Global economic growth will slow to 2.5% this year as a result of the war in the Middle East โ the weakest since the Covid pandemic โ as inflation and borrowing costs rise, the World Bank has warned.
The Washington-based development bank has downgraded growth forecasts for two-thirds of countries in its half-yearly Global Economic Prospects report. The bank estimated that global growth
Published: June 11, 2026 โข 7:00 PM IST ยท Updated: June 11, 2026 โข 7:41 PM ISTBy TheBriefWire Editorial Team
Key points
Forecast for this year downgraded to 2.5% and inflation expected to jump as a result of war in the Middle East Global economic growth will slow to 2.5% this year as a result of the war in the Middle East โ the weakest since the Covid pandemic โ as inflation and borrowing costs rise, the World Bank has warned.
The Washington-based development bank has downgraded growth forecasts for two-thirds of countries in its half-yearly Global Economic Prospects report.
The bank estimated that global growth was 2.7% in 2025. Continue reading...