The world economy’s first signs of a synchronised shock emerged in business surveys revealing how the Iran war’s fallout is crippling growth momentum and stoking prices. ADVERTISEMENTUS business activity also slowed to an 11-month low in March as the war in West Asia raised prices for energy products and other inputs. Several price readings surged meanwhile, with input cost inflation in Germany, Europe’s biggest economy, quickening to the fastest pace in more than three years. The provisional results were gathered in the second half of March, capturing the mounting gloom among global businesses at the persistence of the Iran war and its mushrooming fallout. “Before the Iran war erupted, our global growth tracker suggested the world economy was gathering momentum,” said Jamie Rush, director of global economics at Bloomberg Economics.

Source: The Telegraph March 25, 2026 04:25 UTC