Most CEOs expect bleak economic outlook for 2023: PwC survey

DAVOS, Switzerland, Jan. 16 (Xinhua) -- An overwhelming majority (73 percent) of chief executive officers (CEOs) surveyed expect global economic growth to decline over the next 12 months, a new PricewaterhouseCoopers (PwC) survey launched at the World Economic Forum (WEF) in Davos showed on Monday.

The "PwC Global CEO Survey", which polled 4,410 CEOs in 105 countries and regions in October and November 2022, also revealed that 40 percent of the CEOs saw inflation as the top global threat, while 31 percent chose macroeconomic volatility, and 25 percent chose geopolitical conflict.