Global economic outlook Q4 2023: rotating and rebalancing growth drivers

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Despite elevated inflation and rising interest rates, the global economy has performed robustly this year. We revise our GDP forecast for 2023 up to 2.6%. Crucially, we continue to hold the view that a synchronised global recession will be avoided. Global leading indicators point to a soft six months over Q4 2023 and Q1 2024. Read our insight to see if the global economy can maintain growth in 2024.

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    Q4 2023 Global Economy Portal.pdf

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