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The Independent UK

National

Paul Wiseman

Citing fallout from the Iran war, IMF cuts the outlook for global growth, expects higher inflation

International Monetary Fund Iran Inflation Donald Trump the International Monetary Fund PierreOlivier Gourinchas Economy United States Ukraine

World Economy IMF Georgieva - (Copyright 2025 The Associated Press. All rights reserved.)

The Iran war has stalled the world's economic momentum this year, likely pushing growth lower compared to 2025, the International Monetary Fund warned Tuesday.

The IMF downgraded its forecast for global growth to 3.1% in 2026 from the 3.3% it had forecast back in January. The expected growth would mark a deceleration from a 3.4% expansion in 2025.

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