Global growth forecast nudged up, with a warning on trade
The IMF raised its world growth projection for next year to 3.2%, but said rising tariffs could erase most of the gain.
The International Monetary Fund now expects the global economy to grow 3.2% next year, up from 3.1% in July, citing resilient consumer spending in the United States and a modest pickup in India and Southeast Asia.
Why it matters for households
The fund warned that a further escalation in trade barriers, tight financial conditions in emerging markets and elevated public debt remain the main downside risks to its baseline.
Economists caution that a single reading rarely settles the debate. Revisions to earlier months have been large this year, and the gap between survey data and hard data remains unusually wide. Policymakers have said they will keep watching a broad set of indicators before changing course.
The IMF raised its world growth projection for next year to 3.2%, but said rising tariffs could erase most of the gain.
The risks to watch
This article is for information only and is not investment advice. Figures are illustrative and may be delayed or simulated for demonstration purposes.
For information only — not investment advice.
