Worried businesses see almost 50% chance of recession
Businesses continue to downgrade their expectations for the global economy, based on our latest survey of risk perceptions. On average, respondents judge there’s a 47% probability of a global recession over the next 12 months.
What you will learn:
- The risk of stagflation is also rising, according to businesses. Respondents see more than a 1-in-5 chance of a high-inflation regime scenario materialising.
- The perceived odds of more severe energy market disruption, including a rationing of natural gas in Europe, are even higher.
- The survey was completed by 172 businesses from September 5-15.
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