OPEC stated in its monthly report that Global economic growth is forecast at 3.1% in 2025, accelerating slightly to 3.2% in 2026. This positive outlook is underpinned by anticipated inflation normalization and corresponding adjustments to monetary policies in major economies. The services sector is expected to remain the main driver of growth, supported by a gradual rebound in industrial production. For the US, the economic growth forecast in 2025 is revised upward to 2.4%, with 2026 forecast at 2.3%. In the Eurozone, the economic growth forecast for 2025 is revised slightly down to 1%, before rising to 1.1% in 2026. Japan’s economic growth forecast for 2025 remains at 1% and is projected to see similar growth in 2026. China’s economic growth forecast for 2025 remains at 4.7%, with the economic growth forecast for 2026 at 4.6%. India’s economic growth forecast is revised up to 6.5% for 2025 and is expected to expand to 6.8% in 2026. Brazil’s economic growth forecast for 2025 is revised up to 2.3% and is expected to rise further to 2.5% in 2026. Russia’s economic growth forecast for 2025 is revised up to 1.9% and is expected to grow by 1.5% in 2026.