Counterpoint Macro Index – January 2023

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Feb 24, 2023

Overview

The Counterpoint Macro Index improved slightly to nearly 77 points in January from 76.26 points in December 2022. Although global economic growth is still projected to fall in 2023 relative to 2022, major downside risks have moderated in January, reflected particularly in the resilient US and European economies in Q4 2022 and the faster-than-expected recovery in China. However, other risk factors continue to weigh on our macro readings significantly, including the prolonged Russia[1]Ukraine war, rising interest rates to rein in inflation and layoffs at technology companies. 

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Published

Feb 24, 2023

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Author

Archie Zhang

Archie Zhang is a Beijing-based research analyst specializing in the smartphone market.
Formerly an award-winning Financial Times journalist covering China’s tech sector, Archie brings a unique blend of industry insight and storytelling expertise to market analysis.

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