| 03 Dec 2025 10:45 | | Economic Buzz: OECD sees global growth cooling to 2.9% in 2026 | | | The OECD expects global growth to ease from 3.2% in 2025 to 2.9% in 2026 before rebounding to 3.1% in 2027 as tariffs, weak trade and geopolitical uncertainty weigh on activity. The US is set to slow to 2.0% in 2025 and 1.7% in 2026, while China is projected to decelerate from 5% this year to around 4.4%–4.3% as consumption remains soft and real estate continues to contract. Eurozone growth should hover near 1% next year before gradually improving, and the UK is expected to cool to 1.2. Japan is forecast to expand 1.3% in 2025 before easing to 0.9% on weaker external demand. The OECD expects global momentum to recover through 2026 as tariff effects fade and financial conditions improve, with emerging Asian economies driving the bulk of growth.
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