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Economy in Focus #7 - 2023 in review: An economic potpourri

The seventh edition, published December 2023, analyses the key economic trends and developments that shaped 2023, providing expert commentary from Intrum's Senior Economist, Anna Zabrodzka-Averianov.

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The year was marked by a series of shocks that further intensified the already tumultuous situation. Soaring inflation, rising interest rates, falling property prices, and declining real wages.

The year 2023 has been a rollercoaster ride for the global economy, with Europe experiencing significant economic pressure and uncertainty. Have we turned the corner yet? It could well be that the curve extends a bit into 2024. But as things stand today, 2024 will, in all likelihood, mark the beginning of the recovery.

Anna Zabrodzka-Averianov, Senior Economist at Intrum

In this issue:

Review of the top 5 trends that shaped the European economy, including:

The stickiness of inflation and Europe’s central banks strategies
The property market twists and renewed legislative efforts to tackle late payments

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2023 in review

Earlier Economic Update Issues

EiF 6 Non Performing Loans: A decade-long European headache

Economy in Focus #6 - NPLs: A decade-long European headache

In this edition, published September 2023, we take a closer look at the economic phenomenon of NPLs – non performing loans – how they function and what the future development might look like.

Economy in Focus #4 – Employment remains strong in Europe

We have analysed the current state of employment across Europe in the latest issue of our bi-monthly dive into the macroeconomic environment. Access the latest key insights in our latest issue of Economy in Focus, with commentary from Intrum's Senior Economist.

EiF 5 Four key challenges that European companies face

Economy in Focus #5 – Four key challenges that European companies face

Bimonthly, we analyse the state of the European economy. Access the latest key insights in July's issue of Economy in Focus, with commentary from Intrum's Senior Economist.