Prospects for the global economy in H2 2023

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

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In this article

  • Services PMIs surge
  • Customer-facing activity recovers
  • Tourism impetus
  • Outlook for the services/manufacturing divergence
  • Sizing up the global slowdown
  • Commodity markets
  • Financial markets and bank lending
  • Housing markets
  • Labour markets
  • Trade and foreign direct investment (FDI)
  • Monetary and fiscal policy
  • Monetary policy
  • Fiscal policy
  • Outlook

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.