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2023 OECD Economic Outlook, Volume 2023 Issue 1

A long unwinding road

image of OECD Economic Outlook, Volume 2023 Issue 1

Global economic developments have begun to improve, helped by lower energy prices, improving business and consumer sentiment, and the reopening of China. However, the OECD Economic Outlook highlights that the upturn is fragile and the recovery is set to remain weak by past standards, with the effects of tighter monetary policy increasingly being felt. The Outlook underlines a range of risks, including the possibility that inflation could prove more persistent than projected and that the impact of higher interest rates on financial markets and economic activity could be stronger than expected. Well-calibrated policy measures are required to unwind the impact of the recent sequence of negative shocks to the global economy, restore economic stability, and strengthen prospects for strong, inclusive and sustainable improvements in living standards.

This issue includes an assessment of the global economic situation, a chapter on promoting gender equality to strengthen economic growth and resilience and a chapter summarising developments and providing projections for each individual country. Coverage is provided for all OECD members as well as for selected partner economies.

English Also available in: French

México

Se prevé que el crecimiento del PIB real alcance el 2,6% en 2023 y descienda hasta el 2,1% en 2024. El consumo se verá respaldado por la mejora del mercado laboral, si bien se verá frenado por la elevada inflación. La inversión se beneficiará de un funcionamiento más fluido de las cadenas de valor mundiales y del traslado de la actividad manufacturera a México. El crecimiento de las exportaciones se verá frenado por la ralentización económica de Estados Unidos. La inflación descenderá al 5,9% en 2023 y al 3,7% en 2024.

Spanish Also available in: English, French

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