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Worldwide recession probabilities for 2023 according to Bloomberg. Interesting to see how BRICS and G7/EU are clustered.
(lemmygrad.ml)
this post was submitted on 03 Sep 2023
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The image shows data from April.
In may Germany entered Recession: https://www.reuters.com/markets/europe/germany-enters-recession-2023-05-25/
While the G7/EU other countries may have mostly technically avoided recession, they have only done so barely so far.
I fully expect that all Europe will be deep in recession by the end of the year.