• 13% forecasts global recession amid rising geopolitical risks
•92% anticipates increased AI adoption
Emmanuel Addeh in Abuja
The global economy has entered a period of heightened uncertainty, with an overwhelming 94 per cent of the world’s leading economists expecting inflation to rise over the next 12 months, according to the May 2026 ‘Chief Economists’ Outlook’ released by the World Economic Forum (WEF).
In the same vein, it explained that nearly nine out of every 10 of the chief economists foresee weaker economic growth, as geopolitical tensions and supply chain disruptions continue to reverberate across international markets.
