The Organization for Economic Cooperation and Development (OECD) on Thursday lowered its forecast for world economic growth in 2025 from 3.3% to 3.1%.

Publishes an economic update on the day of the organisation for economic co-operation and development, the report said the global economy in 2024, toughness, but recent economic activity indicators show that the trend of weakening global growth prospects. Business and consumer sentiment is weakening in some countries. Inflationary pressures persist in many economies. At the same time, many policy uncertainties pose significant risks to economic growth.

The organisation for economic co-operation and development will be the 2025 world economic growth forecast from 3.3% to 3.1%, to 2026 world economic growth forecast from 3.3% to 3%. The OECD believes that the trade war triggered by the current protectionist policies adopted by the United States will cause inflation to be "higher than previously expected."

In addition, due to the change of European security situation, several European countries to increase defense spending. European Commission President Ursula von der Leyen earlier this month proposed a "rearming Europe" plan to mobilize 800 billion euros to build "a secure and resilient Europe." The OECD believes defence spending is likely to rise in the near term, which could "add to longer-term fiscal pressures".

Report data to predict, and economic growth in the euro zone in 2025 and 2026, respectively 1% and 1.2%, lower than previously expected 1.3% and 1.5% respectively; France's economy will grow by 0.8% in 2025 and 1% in 2026; U.S. economic growth will be 2.2 percent in 2025 and 1.6 percent in 2026. The oecd secretary-general said Coleman, increased trade barriers will lead to higher cost of production and consumption, ensuring good function and rule-based international trading system, maintain open markets still is very important.