Overview:
Counterpoint‘s Macro Index rose to 80.71 in September from 79.47 in June, helped by improving economic conditions in the US and EU, as well as improving tech business sentiment and consumer sentiment.
Global economic indicators in Q3 2023 improved in the US and EU as central banks slowed their tightening cycles and suggested that rates are nearing their peak. Additionally, CPI and PPI remain much below their post-pandemic highs. Conditions worsened in China where crisis in the housing sector and declining exports and domestic consumption challenge growth prospects.
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Category
Industry
Smartphone
Report Type
Report
Time period
Monthly
Summary
Published
Oct 27, 2023
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