Skip to main content

Making sense of the activity data

The economy appears to have held up a touch better than we had anticipated at the start of this year, mirroring the trend in several other major economies. Q4 is likely to have marked the trough for q/q growth. Nevertheless, there is also little in the data to suggest that the economy is on the cusp of a major turnaround. We still think annual growth will slow to 6% in 2023, from 6.7% in 2022.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services

Get access