Monday, March 9, 2026, 16:00 GMT+7

IMF's Georgieva warns Middle East conflict could push global inflation higher

TOKYO -- IMF Managing Director Kristalina Georgieva on Monday warned of inflation risks from the Middle East conflict, saying a 10-percent increase in oil prices, if persistent through most of the year, would result in a 40-basis-point increase in global inflation.

"We are seeing resilience tested again by the new ‌conflict ⁠in the Middle East," Georgieva said, speaking in a symposium hosted by ⁠Japan's finance ministry.

"My advice to policymakers in this new global ⁠environment is think of the unthinkable and ⁠prepare for it," she said.

Reuters

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IMF's Georgieva warns Middle East conflict could push global inflation higher

TOKYO -- IMF Managing Director Kristalina Georgieva on Monday warned of inflation risks from the Middle East conflict, saying a 10-percent increase in oil prices, if persistent through most of the year, would result in a 40-basis-point increase in global inflation.

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