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IMF forecasts global economic growth to slow to 3.1 percent in 2026 amid energy price pressures

News Snapshot:

The International Monetary Fund (IMF) has forecast that global economic growth will slow from 3.5 percent in 2025 to 3.1 percent in 2026, before recovering to 3.4 percent in 2027, according to its October 2026 World Economic Outlook report. The IMF maintained its 2026 global growth forecast from April while revising its 2027 projection upward by 0.2 percentage points. Despite the global economy's resilience amid geopolitical conflicts, energy market disruptions and trade tensions, the organization warned that economic and policy buffers are becoming increasingly limited. Growth in advanced economies is expected to reach 2.1 percent in 2026, before slowing to…

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