23.09.202509:18:37UTC+00OECD Sees Global Growth Slowing in 2025

The OECD anticipates a slowdown in global economic growth, projecting a decline to 3.2% in 2025 and further to 2.9% in 2026, compared to 3.3% in 2024. This deceleration is attributed to the impact of increased US tariffs on trade and investment. Notably, the 2025 projection represents an upward revision of 0.3 percentage points from the OECD's June estimate, indicating a more resilient economic performance than previously anticipated during the first half of the year. In the United States, growth is expected to reach 1.8% in 2025 and 1.5% in 2026, influenced by tariffs, a slowdown in net immigration, and reductions in the federal workforce. In China, growth is forecasted to decrease to 4.9% in 2025 and 4.4% in 2026, impacted by the tapering of initial fervor in economic activities, the imposition of tariffs, and the withdrawal of fiscal support. The Eurozone is projected to expand by 1.2% in 2025 and 1.1% in 2026, amid trade tensions and geopolitical uncertainties. The United Kingdom is expected to grow by 1.4% in 2025 and 1.0% in 2026, while Japan's growth is anticipated at 1.1% and 0.5% during the same period. On a global scale, inflation is predicted to decline to 3.4% in 2025 and further to 2.9% in 2026, although there remains a possibility of inflationary pressures re-emerging.