Ukraine War’s Global Economic Impact Will Hit Poorest Hardest, OECD Says
Paris-based research body doesn’t expect food and energy prices to fall back rapidly, advocates targeted help for households
Russia’s invasion of Ukraine will be felt by households around the world through higher energy and food prices, with disruptions to trade and fragile confidence contributing to a significant weakening of global economic growth, the Organization for Economic Cooperation and Development said Thursday.
The Paris-based research body calculates that global economic growth will be 1.1 percentage points lower, and inflation just short of 2½ points…
