This report provides an updated global economic forecast database as of 24 June 2026. Key updates include monetary policy revisions for Indonesia, the Philippines, and South Africa, alongside a GDP growth forecast upgrade for Taiwan.
Key Takeaways
- 1.Following rate hikes in Indonesia and the Philippines, UBS forecasts one more hike for both in August and September respectively.
- 2.The SARB (South Africa) is now expected to hold rates at 7% this year instead of cutting, with easing starting in 2027.
- 3.Taiwan's 2026 GDP growth forecast was revised upward to 9.9%.
Table of Contents
- Forecast Highlights
- Current forecasts vs last week
- Current forecasts vs Consensus
- Forecasts by indicator
- Global Contact List
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Authors
Anna TitarevaArend Kapteyn
Themes
GDP growth revisionsGlobal monetary policy tightening/pause
Regions
GlobalEuropeAsia PacificUnited StatesJapanCanada