The vast majority of global companies expect profits to rise in 2023

by time news

The prices of industrial and agricultural raw materials have already fallen considerably. 532159637/Jirapong – stock.adobe.com

Despite the geopolitical risks, the economic situation is improving, in particular thanks to China.

A renewed optimism: this is what analysts of the global teams of fund manager Fidelity International note. Questioned like every year for eleven years, half of these experts, who follow large companies and sectors of activity, believe that the economic cycle will become positive again by the end of 2023. First supporting factor: the China. Thanks to the lifting of health restrictions, this year should be the one “rebound” for the world’s second-largest economy, according to the study. Enough to give a breath of fresh air to all the economies of the planet.

If the business environment will improve, it is also thanks to the dissipation of problems of shortages of components, and an improvement in the functioning of supply chains. Things should gradually return to normal, after three years of major disruption in the wake of the Covid. Including on the inflation side.

The price increase is expected to peak at the first…

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