Penta and Oxford Economics data hints at a rise in global economic sentiment

Following on from Penta and Oxford Economics’ joint report last year, our latest research has revealed that global economic sentiment is improving, despite initial concerns. Using our unique evidence-based data across a range of countries and languages, the findings are a positive sign following the geopolitical uncertainty and high interest rates that have been seen recently. 

Key findings:

• Higher sentiment is bolstered by resilient employment and wage growth, which is positive news for households.
• Concerns around recession have subsided in recent months, with articles mentioning the term in more than 400,000 sources globally. If it stays that way, it is more likely the economy can achieve a “soft landing” which is good news for businesses following the hike in interest rates.
• Labor markets in most advanced economies have, contrary to expectation, been on the up.

Read the full report here

Penta and Oxford Economics’ partnership delivers real-time sentiment data that exhibits changes in market sentiment. Learn more how Penta’s cutting-edge intelligence techniques and industry expertise can deliver actionable insights and drive measurable impact for your business here.