Page 13 - Policy Economic Report- June'26
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POLICY AND ECONOMIC REPORT
OIL & GAS MARKET
Figure 3: Global Consumer Price Inflation (% Annual Change)
Source: S&P Global Market Intelligence
The Asian Development Bank noted that inflationary pressures across developing Asia remain relatively
contained compared with previous years; however, tighter global financial conditions, currency
depreciation, and volatile capital flows continue to pose upside risks. Higher interest rates have also
increased borrowing costs, limiting investment and economic activity across several emerging economies.
Figure 4: Global Headline and Core CPI Inflation
June 2026 Source: Bloomberg; Consensus Economics
Core inflation has proved more persistent than headline inflation in several advanced economies,
reflecting resilient services inflation and elevated wage growth.
Global Trade and Supply Chains Face Continued Realignment
Global trade and supply chains continued to undergo significant realignment during the first half of 2026
as geopolitical tensions, evolving trade policies, and supply chain diversification strategies reshaped
international production and investment patterns. According to the World Bank and S&P Global, while
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