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The Economic Times
The Economic Times

Charting the Global Economy: War pushes up prices, dents growth

The impact of the Iran war continues to ripple across the world economy, pushing up prices and denting the outlook for growth.

The European Central Bank raised interest rates for the first time in nearly three years, and inflation in the US accelerated to the fastest pace since 2023.

The World Bank now sees the global economy growing this year at the slowest pace since 2020 as the sharp increase in energy prices fuels a new inflation wave.

Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy, markets and geopolitics:

US

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