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UBS raises its China growth forecast for 2023 from 4.9% to 5.4%

UBS raises its China growth forecast for 2023 from 4.9% to 5.4%

UBS has issued a revised growth forecast for China in 2023, raising its estimate to 5.4% from 4.9% previously.

  • for CPI UBS forecast for 2023 is 2.5%, down from previoulsy at 3.0%
  • For 2024, UBS GDP forecast is 5.2% from the previous 4.8%

UBS comment:

  • Economic re-opening is proceeding better than we had expected earlier – the feared “second-wave” of Covid did not materialize and there was little sign of supply disruptions
  • UBS says the global e... Read More
Posted: Mar 6 2023, 02:59
Author Name: forexlive
Views: 110843

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