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Both Global Barometers improve in November. The Leading Global Barometer points to an acceleration in world economic growth in the three to six months ahead. The Coincident Barometer is rising despite the monetary tightening in several countries, but it remains below its historical average. 

The Leading Global Barometer rises for the fourth month in a row, moving more clearly into the over 100 points range, suggesting an above average acceleration in world economic growth over the next three to six months. The slight decline in the Coincident Barometer shows that this framework is likely to be reached gradually. 

The Economic Climate Index (ECI) for Latin America increased in the third quarter of 2023 with positive contributions from the Present Situation Index (PSI) and the Expectations Index (EI). The results for Brazil lead the improvement, followed by Mexico.

The Global Barometers rise in all regions for the third consecutive month in September. Although still below average, the Coincident Barometer shows some improvement in overall economic conditions, while the Leading Barometer reaches its historical average of 100 points. 

In August, the Global Barometers increase for the second month in a row across the regions. The Coincident Barometer continues to slowly improve in 2023 while the Leading Barometer advances more rapidly, approaching almost the neutral level of 100 points. 

The Global Barometers increase slightly this month, oscillating in the below-average range. This reflects the difficulties in the recovery process of world economic activity in 2023. This month’s increase occurred in all three regions analysed.

The Global Barometers increase slightly this month, oscillating in the below-average range. This reflects the difficulties in the recovery process of world economic activity in 2023. This month’s increase occurred in all three regions analysed.

After two months of relative stability, the Global Barometers weakened in June, reflecting the challenging recovery of the world economic activity in 2023. The decline was influenced by the deterioration of the economic environment in the Asia, Pacific & Africa region and in Europe.

The Economic Climate Index (ECI) for Latin America falls in the 2nd quarter of 2023, influenced by the worsening 
of evaluations on the present economic situation. Expectations have improved but remain in the adverse zone. 
According to the specialists consulted, the lack of confidence in local economic policy continues to be one of 
the main problems for economic growth in the region

The Global Barometers rise only slightly in May, reflecting continued weakness in global economic activity in most countries and moderate optimism, partly related to the gradual recovery of the Chinese economy.