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Market View: EIU's real GDP forecast of 1.7% in 2023, Why Asia could weather business sector blues better
As markets continue to mull the Fed’s interest rate hikes, we want to switch gears to take a look at growth forecasts for the following year. Well, according to an Economist Intelligence Unit or EIU report, global real GDP growth is expected to come in at just 1.7% in 2023, as the war in Ukraine, lockdowns in China and supply chain disruptions continue to hurt growth. But why is this the case, and which are the outperforming sectors? On Market View, Prime Time's finance presenter Chua Tian Tian spoke with Ana Nicholls, Director of Industry Analysis at the Economist Intelligence Unit (EIU) for…
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