OECD points to a softening of global growth
According to the latest OECD interim forecasts, the global economy remained resilient in 2024. However, recent activity indicators point to a softening of global growth prospects. This is reflected in a downward revision of global growth forecasts for 2025 and 2026. The OECD sees the global economy expanding by 3.1% this year and 3.0% in the following year, with higher trade barriers and increased policy uncertainty weighing on investment and household spending. Economic prospects have also worsened. The OECD has lowered Eurozone's GDP forecast by 0.3 percentage points, with growth expected to be at 1% in 2025 and 1.2% in 2026. Recent developments and announcements regarding fiscal stimulus in Europe, however, should mitigate the negative impact of tariffs to a great extent. The CEE7 region is currently projected to grow by 2.6% on average in 2025, an acceleration from 2.0% in 2024.