Australian growth forecasts slashed as global economy faces inflation spike - short news
OECD says the Middle East war will test the world’s resilience with Australia expected to suffer from higher rates and inflation
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The world economy is on the brink of a major inflationary spike as soaring fuel prices threaten growth in European and Asian nations, the OECD has warned, and local economists are slashing Australia’s growth prospects for this year and the next amid the ongoing US-Israel attack on..
source: The Guardian - 26.03.2026