World Bank Revises Global Growth Outlook Upward
According to the institution’s Global Economic Prospects publication, the international economy has demonstrated stronger endurance than previously assumed, despite ongoing trade frictions and policy-related ambiguity.
"Last year, stockpiling of traded goods, strong risk appetite, and a surge in artificial intelligence (AI) spending supported activity, while supply chains adapted to rising trade barriers," the report explained.
The document emphasized that this durability is most evident in the United States, where growth surpassed expectations. The U.S. alone represents nearly two-thirds of the upward adjustment in the 2026 projection.
Nevertheless, the report cautioned that if these estimates prove accurate, the 2020s may become the weakest decade for global expansion since the 1960s.
Meanwhile, worldwide inflation is forecast to decline to 2.6% in 2026, driven by softer labor markets and reduced energy costs, according to the World Bank.
The institution also lifted its projection for U.S. economic growth from 1.6% to 2.2% in 2026, while keeping next year’s forecast steady at 1.9%.
For the Eurozone, expectations were raised from 0.8% to 0.9% for this year, and from 1% to 1.2% for the following year.
China’s growth outlook was similarly revised upward, with estimates increasing from 4% to 4.4% for this year, and from 3.9% to 4.2% for next year.
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