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OECD upgrades UK 2026 growth but sees slower 2027 amid Middle East conflict

OECD flags global growth hit from Middle East conflict and climate shocks

1 Yesterday 4:00 AM · 22h ago · 1 article · 1 source · development 1 of 3

The OECD said global growth had been "resilient in many countries" in 2026 despite the war in Iran, but expects global growth to be 0.1% lower next year, with Australia, Canada and the Euro-area among those affected by energy prices and climate-related supply shocks including a strong El Nino.

OECD flags global growth hit from Middle East conflict and climate shocks
bbc.co.uk

“Despite unprecedented pressures and conflict in both the Middle East and in Europe, the UK economy is showing strong resilience.”

Emma Reynolds, Treasury minister · rss ↗

OECD International economic organisationEmma ReynoldsEmma Reynolds UK Treasury ministerAndy BurnhamAndy Burnham UK Prime MinisterJohn HealeyJohn Healey UK Chancellor

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What was reported 1 claim about this development

  1. 2 outlets OECD says growth 'resilient' in 2026 despite Middle East war

    first by Deutsche Welle EN, 20h ago · also Euronews

    1 more headline

All 3 developments of OECD upgrades UK 2026 growth but sees slower 2027 amid… →

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