Insolvency forecasts: corporate insolvencies begin to rise
The recovery of this insolvency cycle in advanced markets has come to an end. In line with easing global GDP growth momentum, insolvencies are expected to increase 1%.
Western Europe is leading the increase in bankruptcies (+2%), with the UK and Italy experiencing the most difficult business conditions.
More stable outlooks for both North America (0%) and Asia-Pacific (+1%) are both subject to downside risks largely stemming from trade uncertainty and a more difficult external environment.
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