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Tag: Pictet

Pictet: Deep recession in the winter in the Eurozone with double-digit inflation – Triple the cost of energy

Pictet: Deep recession in the winter in the Eurozone with double-digit inflation – Triple the cost of energy Pictet: Deep recession in the winter in the Eurozone with double-digit inflation – Triple the cost of energy

Her Eleftherias Kourtalis Pictet Wealth Management is revising its eurozone GDP forecast due to a further worsening of the energy shock and a deeper recession to hit in the winter. It now expects growth to slow from 2.9% in 2022 to 0% in 2023, while estimating that we have yet to see the peak in […]