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OECD Lowers UK Economic Growth Forecast for 2027 Amid Global Conflicts
The OECD has revised its economic growth forecast for the UK, predicting a growth rate of 1% for 2027, down from 1.1%. The agency has, however, increased the growth outlook for 2026 to 1.1%. The adjustments are influenced by global conflicts and rising fuel prices, which are expected to impact economic conditions.
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The OECD has revised its economic growth forecast for the UK, predicting a growth rate of 1% for 2027, down from 1.1%. The agency has, however, increased the growth outlook for 2026 to 1.1%. The adjustments are influenced by global conflicts and rising fuel prices, which are expected to impact economic conditions.
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