In this issue of January 2, 2023 : the editorial “2023: a year of transition, to what?” of William De Vijlder, the economic scenario and the calendars.
2022 was a year of profound transformation, of shifting geopolitical and economic paradigms. Looking ahead, 2023 should see a change of direction in key economic variables. Headline inflation should decline significantly, central bank rates should reach their cyclical peak and the US and the euro area should spend part of the year in recession. 2023 can be considered as a year of transition, paving the way for more disinflation, gradual rate cuts and a soft recovery in 2024.
Outlook for GDP growth, inflation, interest rates and exchange rates
The latest economic indicators updated on January 2 2023 and the coming calendar
