The United Nations released the World Economic Situation and Prospects 2025, with major financial outlook
Global growth is expected to continue at 2.8 per cent in 2025, before rising slightly to 2.9 per cent in 2026
Global inflation is projected to continue its downward trend, slowing to an estimated 3.4 per cent in 2025 from 4 per cent in 2024
The United States economic growth is projected to moderate to 1.9 per cent in 2025 amid a softening labour market and anticipated public spending cuts
In the European Union, GDP growth is projected at 1.3 per cent in 2025, up from 0.9 per cent in 2024
In Africa, economic growth is projected to rise to 3.7 per cent in 2025 from 3.4 per cent in 2024, driven by gradual recovery in the region’s largest economies—Egypt, Nigeria, and South Africa
Economic growth in East Asia is projected to slightly moderate to 4.7 per cent in 2025 from 4.8 per cent in 2024, on mounting geopolitical and trade tensions
In India, growth is projected to remain strong at 6.6 per cent in 2025, though slightly lower than 6.9 per cent in 2024. The near-term outlook in South Asia is largely favourable, with growth forecast of 5.7 per cent in 2025
Consumer price inflation in India is forecast to decelerate to an estimated 4.3 per cent in 2025 from 4.8 per cent in 2024, staying within the 2–6 per cent medium-term target range set by RBI. [Photos: Shutterstock]