BENGALURU: Economists have raised their inflation forecasts for 2027 across 31 of the 50 economies covered in a Reuters global survey, reflecting expectations that higher energy costs will continue affecting prices next year.
The October poll, involving more than 500 economists, found that inflation expectations had increased across both advanced and emerging economies.
Forecasts were revised upwards for 15 of the 21 developed economies surveyed, indicating that concerns about persistent price pressures extend beyond countries traditionally exposed to high inflation.
Energy costs remain a central factor. Economists expect sustained increases in fuel and related expenses to influence the prices of other goods and services.
The survey found that median inflation forecasts for 2027 had risen over three quarterly polling rounds by 0.7 percentage points for Britain, 0.5 points for the eurozone and 0.2 points for the United States.
Forecasts also increased by 0.4 percentage points for India and 0.5 points for Brazil.
Despite the inflation outlook, economists raised growth forecasts for 23 economies. Global economic growth is projected at 3.0% in 2026 and 3.2% in 2027.
Investment in artificial intelligence infrastructure was identified as one factor supporting economic activity, alongside stronger-than-expected performance in several regions.
The combination of resilient growth and persistent inflation could influence central bank decisions as policymakers assess whether price pressures are spreading beyond energy.
The findings represent economists’ forecasts rather than confirmed economic outcomes. Actual inflation and growth will depend on developments in energy markets and the wider global economy.