Middle East Crisis Sparks Global Economic Slowdown and Inflation, UN Report Shows

Published: May 23, 2026 15:32

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The *World Economic Situation and Prospects as of Mid-2026* report released by the United Nations clearly pointed out that the Middle East crisis has posed a new round of shocks to the global economy, directly leading to a slowdown in global economic growth, a renewed climb in inflationary pressures, and a further intensification of global economic uncertainty. Notably, the impact of this crisis has been highly uneven, with developing countries bearing the brunt of the shocks. As things stand, global economic growth is expected to reach 2.5% in 2026, though this figure has been revised down by 0.2 percentage points from the January forecast.

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