McKinsey & Company – Global Economics Intelligence, Sep 2025

The report focuses on the analysis of global economic trends and risks for September 2025.

Key findings include improved consumer confidence, particularly in the US and UK, rising consumption in the US but slowing in other countries, recovery in manufacturing PMI and accelerated growth in the services sector, strong export growth in India, and stability in global maritime trade. Inflation is accelerating in the US, stable in the UK and Eurozone, and deflationary in China. There is a rise in precious metal prices and a decline in energy prices. Unemployment levels remain stable but tend to rise in some countries. Stock markets in the US and Japan reach record highs, and the Federal Reserve cuts rates by 25 basis points.