EU lowers 2026 growth forecast as rising fuel costs reignite inflation

WorldBusiness & Finance

21 May 2026 • 5:49 PM MYT

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Image from: EU lowers 2026 growth forecast as rising fuel costs reignite inflation — Rising fuel prices are cause for concern in the EU (is associated with: «EU lowers 2026 growth forecast as rising fuel costs reignite inflation») Peter Kneffel/dpa

The European Commission cuts its EU growth forecast for 2026 to 1.1%, with inflation expected to hit 3.1% over the year as prices rise due to the war in Iran.

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EU lowers 2026 growth forecast as rising fuel costs reignite inflation

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