CEOs optimistic on global economic outlook for 2018, but threats to growth remain

SINGAPORE (Jan 23): A record-breaking 57% of chief executive officers (CEOs) believe global economic growth will improve in the next 12 months, according to the latest data from PricewaterhouseCoopers’ 21st survey of almost 1,300 CEOs around the world.

In a media release on Tuesday, the professional services firm highlights that the latest figure is almost double that of last year (29%), and the largest-ever increase since PwC began surveying business leaders about global growth in 2012.

Based on PwC’s observations, the optimism in global growth has particularly doubled among CEOs in the US (59%) after a period of uncertainty surrounding the election (24% in 2017), while Brazil saw a large increase in the proportion of CEOs optimistic of global growth improvement based on its 38% increase to 80%.

---

Related Stories

• Hackers used unpatched routers to access organisations in Singapore, says CSA
• ETAF under Singapore's FAST-P raises US$250 million in first close
• Hong Kong’s financial secretary calls Trump’s climate pullback ‘disappointing’

---