Page 9 - Policy Economic Report - October 2025
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POLICY AND ECONOMIC REPORT
                  OIL & GAS MARKET

              Figure 2: Global Growth projections in (%)

              Source- IMF

              Global Inflation

              According to IMF, global headline inflation is projected to decline to 4.2 percent in 2025 and to 3.7
              percent in 2026.

              Inflation forecasts are revised upward in quite a few economies, relative to the October 2024 WEO,
              which serves as a pre-policy-shift benchmark. Among advanced economies, the most notable cases are

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