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Global Business News

The Economic Times

Global Business / The Economic Times

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IMF says prolonged increase in energy prices could boost inflation, lower growth

The IMF is closely monitoring the Iran war's impact on global energy production and inflation, warning of potential economic slowdown. A sustained 10% oil price increase could raise inflation by 40 basis points and reduce global output. The IMF will update its economic outlook in April to reflect these disruptions.

19 Mar 2026 11:11 pm