Economic Buzz: Global economic resilience expected to be sustained through second half of 2026, says OPEC
Mumbai, Aug. 13 -- The Organization of the Petroleum Exporting Countries (OPEC) stated in a latest monthly update that The global economic growth dynamic in 1H26 has remained broadly resilient, with economic activities in several major economies holding up very well. Growth in non-OECD Asian economies has been particularly robust, supported by global investment in AI, a steady expansion in international trade and fiscal measures that have helped cushion the impact of higher energy costs. In China, growth moderated in 2Q26 but remained well supported by government-led stimulus, with the authorities signalling a further step-up in counter-cyclical measures for 2H26. The United States has continued to show solid underlying growth momentum, whi...
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