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
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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.