A new stagflation scare? Global economy hits a wall as war, oil and inflation collide again
S&P Global flash PMI surveys show Europe slipping into decline, US growth slowing and inflation pressures intensifying as the West Asia conflict disrupts global business activity.
ANI
May 25, 2026 / 13:38 IST
Global business growth stalled in May as the West Asia conflict drove inflation higher, weakened demand and raised stagflation fears, S&P Global said.
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