2026 World Economy

• Analysts maintain a broadly positive outlook for the global economy in the second half of 2026, despite noting a significant accumulation of risks. • Taiwan, Malaysia, and Singapore are expected to outperform consensus expectations, and India's outlook is improving, while caution remains for Indonesia and Thailand. • Inflation in Asia will likely be driven by oil prices and El Niño's impact on food costs, leading to divergent monetary policy paths across the region.