World economic activity will remain “subdued” next year amid trade uncertainty and geopolitical tensions that are restraining investment outside of artificial intelligence and weighing on government finances, a UN agency predicted in a new report.
Global growth will weaken this year to 2.6% and maintain that pace in 2026, according to the report released Tuesday by the Geneva-based UN Conference on Trade and Development. After a 2.9% expansion last year, those projections if realized would be 0.4 percentage point lower than the pre-pandemic average.
“The global economy and trade have shown resilience during 2024 and 2025,” ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.