Leading German economic institutes on Wednesday cut their growth forecast for 2026 by more than half to reflect the expected fallout from soaring energy prices caused by the Iran war. Gross domestic ...

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German institutes cut 2026 economic growth outlook over Iran war, say sources

BERLIN, March 31 (Reuters) - Germany's leading economic institutes have more than halved their 2026 economic growth forecast, slashing it to 0.6% from the 1.3% projected in September, as rising energy ...

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Australian growth forecasts slashed as global economy faces inflation spike

OECD says the Middle East war will test the world’s resilience with Australia expected to suffer from higher rates and inflation ...

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UK forecast to see biggest hit to growth from Iran war out of major economies

The UK is facing the biggest hit to growth from the Iran war out of the G20 major economies, according to an influential global policy group. Economic growth in the UK this year is forecast to be 0.7% ...

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Middle East conflict will damage UK’s economy ‘more than any other’

Organisation for Economic Cooperation and Development says UK economy will grow by just 0.7% this year ...

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