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Conflicts Around the World Continue. Economists Are Seeing High Inflation Lasting Into 2027 as Energy Costs Spread.

Summary by IBTimes
Economists surveyed by Reuters raised their inflation forecasts for next year in 31 of the 50 economies covered, including 15 of 21 developed economies.

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Over 500 economists raised their inflation prospects in 31 economies during 2027, owing to rising energy prices, although global growth prospects improved to 3.2% with the support of artificial intelligence investments.

Based on a Reuters survey of more than 500 economists in October 2026, the 2027 inflation projection was revised up for 31 of the 50 countries surveyed.

Global inflation is expected to persist until 2027 due to rising energy prices and widespread price pressures, even though global economic growth is projected to strengthen.

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IBTimes broke the news in New York, United States on Tuesday, October 27, 2026.
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