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Caixin Global
Caixin Global
Business

Business Brief (May 21): U.N. Cuts Global Growth Forecast

United States United Nations Inflation Middle East

U.N. cuts growth forecast

The United Nations lowered its 2026 global economic growth projection to 2.5% from 2.7%, citing Middle East conflicts that have slowed growth, fueled inflation and heightened global uncertainty. The report expects global inflation to reach 3.9% this year.

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