The global outlook is unchanged despite weaker readings in trade, consumer confidence, and business activity. Still-elevated inflation and interest rates are acting as headwinds to economic growth.
Some leading indicators improved, though outlook still fragile; confidence stable but consumers lean toward saving; inflation and trade volumes continue downward trend.
Leading indicators show signs of a rebound—will it sustain? Confidence potentially returning but consumers remain cautious; inflation persistent in some countries; trade volumes still declining.
Mixed economic picture with patchy positives; consumers cautious but confidence rising; inflation in developed economies decelerates, while producer prices decline; trade volumes down.
Global executives more positive; consumer confidence improving but low; emerging economies rebound; Fed pauses rate hikes as ECB raises rates by 25 basis points; inflation low in India and Brazil.
Consumers slightly more optimistic as inflation stabilizes; developed economies struggle to maintain GDP momentum in face of headwinds; labor markets tight; China rebound slows; India economy positive.
Inflation remains high while trending down; the International Monetary Fund lowered global growth projections to 2.8% for 2023; US banking sector challenges persist; output indicators in services stay strong.
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Industry and consumer activity sags under weight of inflation and higher interest rates; forecasting institutions trim GDP growth projections for 2023.
Growth rebounds in the United States and China; eurozone inflation reaches new heights as tightening continues; energy, climate reports paint a sober picture.
Central banks sustain aggressive policy tightening; industrial activity picks up in emerging economies; financial-markets uncertainty works to strengthen the dollar.
Growth moderates globally in an inflationary environment; the US Federal Reserve emphasizes its tightening course; Europe faces near-term energy volatility.
Amid high inflation, a pandemic, and Russia’s invasion of Ukraine, surveyed economies display considerable resilience; trade is strong, and manufacturing and services continue to expand moderately.
Industry slowed in January amid high inflation and recent pandemic measures; trade remained buoyant; the Russian government’s invasion of Ukraine is causing a humanitarian crisis and economic risks.
Industry and trade in goods grow on strong consumer demand; the pandemic wave, inflation, and geopolitical tensions present risks to faster growth in 2022.
Industry indicators are broadly positive alongside persisting inflation; pandemic restrictions return to Europe; nations recommit to ambitious climate goals.
The economic recovery is exceeding expectations, but the pandemic has worsened; vaccination programs and the fight against the virus will dictate further progress.