EU lowers 2026 growth forecast as rising fuel costs reignite inflation

WorldBusiness & Finance

21 May 2026 • 5:49 PM MYT

DPA, founded in 1949, one of the world’s leading independent news agencies

image is not available — 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.

View Original Article

EU lowers 2026 growth forecast as rising fuel costs reignite inflation

Related News & Content

Fuel costs driving shift in vehicle preferences

EasyJet losses deepen as Iran war drives fuel costs higher and hits bookings

dpa NEWS SCHEDULE for Thursday, May 21, 1200 GMT

dpa NEWS SCHEDULE for Thursday, May 21, 1200 GMT

CII calls for unified response to India’s ‘3Fs’ challenge: Fuel, fertiliser, food