Srilanka, Sept. 23 -- World growth is holding up well in the face of the energy price shock, but real interest rates are rising, Fitch Ratings says in its latest Global Economic Outlook. Fitch has raised its forecast for global GDP growth in 2026 by 0.2pp to 2.6%, down only marginally from 2025 and close to the long-run trend.
US forecasts for both 2026 and 2027 have been increased by 0.2pp to 2.1% as consumption growth defies the slowdown in real household income and the AI capex build-out shows no sign of slowing. Eurozone activity has also shown resilience, and forecasts have been edged up, with German GDP expanding by 1% yoy in 2Q26 after three years of stagnation.
Korea has seen a big upward revision as the boom in global IT spend in...