World growth prospects have been hurt by the oil crisis triggered by the Middle East conflict, Fitch Ratings said.
It lowered its 2026 forecast for global growth by 0.2 pp to 2.4 per cent.
Forecast cuts have been widespread as higher inflation squeezes real wages, dampens consumption and raises companies’ input costs.
Growth in emerging markets excluding China has been lowered by 0.2 pp to 3.2 per cent.
It lowered its 2026 forecast for global growth by 0.2 pp to 2.4 per cent.
Forecast cuts have been widespread as higher inflation squeezes real wages, dampens consumption and raises companies’ input costs.
Growth in emerging markets excluding China has been lowered by 0.2 pp to 3.2 per cent.
