War crisis revives stagflation fears as growth and inflation both worsen globally

Published on 24 April 2026

Seven weeks of conflict could tilt forecasts

Global business surveys due this week are expected to show worsening growth and rising inflation after seven weeks of Middle East conflict, with Europe seen as particularly vulnerable. Analysts warn the mix could trigger stagflation—weak economies with stubborn prices—forcing policymakers to reassess interest rate plans based on the latest data from Australia to the US.

Surveys this week may signal weaker growth and higher inflation
Europe is expected to deteriorate more than other regions
Seven weeks of conflict raises stagflation risk worldwide
Central banks will use the data to guide interest rates

#inflation #interest rates #stagflation #middle east conflict #global economy

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War crisis revives stagflation fears as growth and inflation both worsen globally

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