Financial Times • May 21, 2026 09:30

EU cuts growth forecasts as Iran war drives up inflation

Political Leaning Analysis

Left Center Right

Score: 0.28 • Center / Neutral

Brussels now expects Eurozone economy to expand by just 0.9% this year

Story Timeline

Mon 13:04 - BBC Politics

UK growth forecast upgraded by IMF but risks remain

Tue 02:27 - BBC Headlines

Is there a late spring heatwave on the way?

Tue 12:00 - The Hill

Bias, laziness and fear — why can’t today's economists get it right?

Wed 01:32 - Middle East Eye

UN cuts global growth forecast amid Iran war and energy shock

Wed 06:30 - Al Jazeera English

UN cuts global growth forecast, blaming Middle East crisis

Wed 12:41 - Sky News (UK)

Heatwave forecast and health alerts issued as temperatures set to hit 30C

Thu 04:30 - Financial Times

The ECB’s window to ‘look through’ the energy shock has already shut

Thu 09:30 - Financial Times

EU cuts growth forecasts as Iran war drives up inflation

Thu 09:32 - Politico EU

EU cuts growth forecasts as Middle East war drags on

Thu 09:41 - Euronews

EU cuts 2026 growth forecast as Strait of Hormuz crisis pushes inflation up

Different Perspectives

Al Jazeera English

1 article

▼

06:30

UN cuts global growth forecast, blaming Middle East crisis

UN economists forecast global GDP to grow 2.5 percent in 2026 and 2.8 percent in 2027.

BBC Headlines

1 article

▼

02:27

Is there a late spring heatwave on the way?

The warmest weather of the year is forecast for later this week after early rain.

BBC Politics

1 article

▼

13:04

UK growth forecast upgraded by IMF but risks remain

Growth has been upgraded from 0.8% to 1% for 2026 in the influential body's latest forecast.

Euronews

1 article

▼

09:41

EU cuts 2026 growth forecast as Strait of Hormuz crisis pushes inflation up

The EU has downgraded its 2026 economic growth forecast after the Strait of Hormuz crisis sent energy prices sharply higher earlier this year. With no end to the conflict in …

Financial Times

1 article

▼

04:30

The ECB’s window to ‘look through’ the energy shock has already shut

Read the May forecast from the FT’s Monetary Policy Radar team

Middle East Eye

1 article

▼

01:32

UN cuts global growth forecast amid Iran war and energy shock

UN cuts global growth forecast amid Iran war and energy shock The United Nations has lowered its global growth forecast for 2026 to 2.5 percent from an estimated 3 percent …

Politico EU

1 article

▼

09:32

EU cuts growth forecasts as Middle East war drags on

The bloc's growth will slow and energy prices will push inflation up, European Commission forecasts.

Sky News (UK)

1 article

▼

12:41

Heatwave forecast and health alerts issued as temperatures set to hit 30C

A series of health alerts have been issued as forecasters warned a heatwave could see temperatures hit 30C in parts of the UK over the coming days.

The Hill

1 article

▼

12:00

Bias, laziness and fear — why can’t today's economists get it right?

Like weather forecasters, “futurists” and other so-called experts, economists don’t really know what’s going to happen. Why? Because economic forecasts are structurally flawed.