OECD forecasts AI boom to mitigate Middle East energy shock

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The OECD slightly upgraded its 2026 global GDP growth forecast to 2.9% from 2.8%, driven by massive AI infrastructure investments, primarily in the United States where growth is projected at 2.2% in 2026 and 2.1% in 2027. This revision masks a deceleration from the 3.4% growth recorded in 2025, with 2027 forecasts downgraded to 3.0%. G20 inflation is expected to reach 4.1% in 2026 and 3.6% in 2027, as the Middle East conflict continues to push energy prices higher. The United States leads the outlook while the euro area lags at just 1.0% growth for both years.

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