Barclays Upgrades Global Growth Forecast to 2.2% in 2023: Positive Data Surprises and China’s Reopening Drive Optimism
The global economy is showing signs of improvement, with economists upgrading their previously gloomy outlooks. Last week, data releases revealed a slowdown in inflation and less severe downturns in activity. This prompted Barclays to raise its global growth forecast to 2.2% in 2023, an increase of 0.5 percentage points from its last estimate. China’s reopening … Read more