Mumbai, Oct. 14 -- OPEC stated in a latest monthly update yesterday that economic growth across a number of major economies has held up well so far this year, underscoring the underlying resilience of the global economy. This is despite geopolitical conflicts, renewed inflationary pressures and rising global bond yields. In OECD economies, the United States contributed to this positive momentum, with an upward revision to its 1H26 GDP growth further supporting the growth outlook. Meanwhile, the Eurozone and Japan continued to record modest expansions since the beginning of the year, also slightly above market expectations.

Elsewhere, growth in non-OECD economies has been particularly robust. This was supported by global investment in AI, s...