Source & Notes
Data Table
Source: EMARKETER ForecastApril 2026 
Note: includes magazines, newspapers, out-of-home, radio, and TV
Additional Note: A sustained energy shock, with Brent crude remaining above $100 per barrel, introduces a period of persistent inflation and delayed monetary easing that materially slows advertising growth beginning in 2026. The increase in energy prices feeds through to broader price levels at least in line with prior oil shocks, and potentially more so given the prolonged nature of the disruption, keeping inflation elevated and constraining the pace of policy easing.
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