Recession risk in the largest economies globally

The inflation crisis started at the beginning of 2022 and persisted throughout 2023. Caused mainly by soaring energy and commodity prices, the unorecedented surge destabilized the global economy and caused many national economies to slow down significantly.

This report presents the development of the key indicators of a recession (real GDP, disposable income, industrial production, unemployment, and retail sales) in Brazil, China, the European Union, France, Germany, Italy, Japan, Russia, the United Kingdom, and the United States.