INT
Japan’s economic activity is swiftly softening
Export volumes fell in October and third-quarter GDP contracted
JapanProspects for world trade and supply chains in 2024
Supply chain conditions have normalised but world trade flows will remain weak into 2024
InternationalChina's activity is stabilising on a weaker path
Activity improved modestly in October, with retail sales and industrial output picking up and unemployment unchanged
ChinaMany major European economies face stagflation
The European Commission has reduced its 2023/24 forecasts for euro-area growth and raised its forecast of 2023 inflation
EUEarly rate cuts are unlikely even as US CPI eases
Consumer price inflation slowed to 3.2% in October as prices of energy, food, services and housing moved downwards
United StatesState-linked cyber threat to infrastructure is rising
Geopolitical tensions have increased the state-linked threat to Western critical infrastructure, according to UK agency
United KingdomOil market supply/demand imbalance will ease in 2024
The IEA noted that the oil market is in near-term deficit, but the Israel war has had no material impact on oil supply
InternationalUS semiconductor controls on China tighten
In October 2023, Washington tightened controls on Chinese access to advanced semiconductor technology
United States
