Insight
Global economic outlook Q2 2023: improving outlook defies rising downside risks
Report summary
The outlook for the global economy is improving but growth remains soft this year. Services are driving the global recovery while manufacturing is soft. After reopening, China's recovery is on course. In the US, a banking mini-crisis and the debt ceiling conundrum are increasing uncertainty. India tops global growth prospects. Elsewhere, Europe proves resilient once again. We expect core economies in Europe to avoid recession. Latin America is another soft spot. Finally, risks are increasing again and tilting back to the downside.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
12 April 2023
Global inflation outlook Q2 2023
Commodity Market Report
Global inflation outlook Q2 2023
Wood Mackenzie's proprietary GDP forecasts by country to 2050.
$2,70012 April 2023
Global exchange rate outlook Q2 2023
Commodity Market Report
Global exchange rate outlook Q2 2023
Wood Mackenzie's latest forecasts of key exchange rates.
$70031 May 2023
Global copper short-term outlook May 2023
Commodity Market Report
Global copper short-term outlook May 2023
Disappointing macro indicators from China and the extended US debt ceiling process weighed on copper prices in May, as did rising LME stocks
$5,000
