2023 Economic and industry outlook : fourth quarter perspectives

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<title>2023 Economic and industry outlook</title>
<subTitle>: fourth quarter perspectives</subTitle>
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<dateIssued>2023</dateIssued>
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<abstract displayLabel="Summary">The report presents a view in which growth in global economic activity is in a phase of exhaustion, accompanied by tighter financial conditions, as well as more entrenched and persistent inflation. In this context, the forecast for global GDP growth during 2022 and 2023 is 3.2% and 2.7%, respectively, maintaining the view of previous reports of a short to medium-term scenario of global stagflation with limited incursions of some countries into recession, but no global downturn. Thus, an economic environment characterised by aggressive monetary policy in the coming months and recession in the world's major economies is increasingly likely, which will have a negative impact on insurance markets, which will face a complex outlook</abstract>
<tableOfContents displayLabel="Contents">Economic landscape: the global economic outlook -- outlook and balance of risks -- Sectoral landscape: the economic environment and its impact on insurance demand -- Regulatory trends -- Tables: macroeconomic forecast scenarios</tableOfContents>
<note type="statement of responsibility">MAPFRE Economics</note>
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<topic>Mercado de seguros</topic>
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<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080600709">
<topic>Datos macroeconómicos</topic>
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<topic>Perspectivas económicas</topic>
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<topic>Perspectivas del seguro</topic>
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<title>Panorama económico y sectorial 2022 : perspectivas hacia el cuarto trimestre</title>
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<recordIdentifier source="MAP">MAP20230025918</recordIdentifier>
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