S&P Global lifts 2025 world GDP outlook to 2.7% on U.S. and India resilience

S&P Global revised its 2025 global GDP growth forecast to 2.7%, citing robust momentum in the U.S. and India. Softer crude prices and cooling inflation are expected to support demand, offsetting slowdowns in Russia and Brazil. The outlook highlights stronger service exports and private consumption in Asia as key growth pillars. Analysts anticipate policy normalization by mid-2026. Global trade conditions remain mixed but improving, with commodity exporters benefiting from recovering industrial demand and stable energy markets.