Why is this important
Fitch’s assessments provide benchmarks for central banks and markets: updated trajectories across the US, China, and Eurozone are impacting expectations for rates, demand, and trade flows in 2025-2026. The agency notes that growth will remain below trend.
What happened
- World: 2025 — 2.4% (in June it was 2.2%); 2026 — 2.3%.
- USA: 2025 forecast has been raised to 1.6%, but “hard” statistics indicate economic weakening.
- Eurozone: 1.1% (from 0.8%); part of the increase is due to advance purchases against the backdrop of American tariffs.
- China: 4.7% (with 4.2%).
- Additionally: Fitch also pulled up its FY26 forecast for India to 6.9%.
Context
According to the agency, global growth will slow down from 2.9% in 2024 to 2.4% in 2025, and then to 2.3% in 2026 — lower than the long-term trend.
