Prospects for the US economy to end-2023

The performance of the still fairly strong labour market will be key to Fed policy and US economic prospects to end-2023

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Indonesian economy should perform solidly this year

The GDP outlook is reasonably bright, despite headwinds

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GDP expanded by 1.9% quarter-on-quarter and 4.0% year-on-year in the first quarter

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Global economic activity will worsen as services slow, with the downturn relatively mild but potentially prolonged

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Central bank pressures are rising and uncertainties over bank solvency, interest rates and inflation will reduce growth

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Inflation and unprecedented labour shortages are among the main factors set to depress GDP growth in the months ahead

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Automotive production, sales and exports remain well below pre-pandemic levels

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High inflation has eroded the population’s real disposable income and is undermining living standards

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Austria’s imports of Russian gas as a share of overall gas imports returned to pre-war levels in March

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France’s public debt has surged from 69% to 112% of GDP over the past 15 years, and is projected to continue rising

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