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Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
Paris, March 26 (Xinhua) — Global GDP growth is forecast to slow to 2.9 percent in 2026 before rebounding to 3.0 percent in 2027, the Organisation for Economic Co-operation and Development (OECD) said Thursday in its latest interim Economic Outlook report.
The report notes that the escalating conflict in the Middle East will test the resilience of the global economy. A prolonged period of high energy prices will lead to a significant increase in business costs, consumer prices, and negatively impact economic growth.
According to the report, global economic growth remained robust before the conflict escalated, thanks to significant investment and production in artificial intelligence, as well as favorable fiscal conditions.
The Economic Outlook also notes that since the outbreak of conflict in the Middle East, sharp increases in energy prices and heightened uncertainty have led to higher costs and lower demand, offsetting earlier growth momentum. –0–
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