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The Economic Times
The Economic Times
Business

Charting the Global Economy: IMF trims world growth projections

Economy International Monetary Fund the International Monetary Fund Middle East United States Inflation Iran Oil United Kingdom

The International Monetary Fund trimmed its global growth forecast for 2026 as the oil-price shock from war in the Middle East rippled across economies worldwide.

The global lender sees the world economy expanding 3.1%, down from a January forecast of 3.3%, according to its World Economic Outlook. The IMF also raised its inflation estimate, reflecting higher energy and food prices.

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