Charting the Global Economy: IMF trims world growth projections

This post was originally published on The Economic Times

The International Monetary Fund trimmed its global growth forecast for 2026 as the oil-price shock from war in the Middle East rippled across economies worldwide.
The global lender sees the world economy expanding 3.1%, down from a January forecast of 3.3%, according to its World Economic Outlook. The IMF also raised its inflation estimate, reflecting higher energy and food prices.

Economic data out this week showed economic growth in China quickened in the first quarter. Meanwhile, US wholesale inflation in March was softer than expected and the UK economy expanded in February by the most in two years.
Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy, markets and geopolitics:

World

BloombergThe International Monetary Fund downgraded its growth projection for the year after the war in the Middle East triggered a major oil shock and included the possibility of a downturn if the conflict drags on and energy infrastructure is severely damaged.

US

BloombergWholesale prices rose by less

Read the rest of this post, which was originally published on The Economic Times.

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