Insight ReportUS, UK, EU & China Quarterly Economic Update, 4Q22: Decelerating Indicators Point Toward Economic Slowdown Shivani Mehrotra, Analyst Sector Lead: John Mercer, Head of Global Research and Managing Director of Data-Driven Research February 21, 2023 Reasons to ReadThe Coresight Research Quarterly Economic Update discusses macroeconomic indicators—GDP, consumer spending and inflation—from the US, the UK, the EU (European Union) and China. In this report, we look at the fourth quarter of 2022 (4Q22), using the latest data available as of February 15, 2023. Data in this report include: GDP—quarter-over-quarter changes in the US, the UK, France, Germany, the EU and China Consumer spending—quarter-over-quarter changes in US seasonally adjusted personal consumption expenditure, UK real household final consumption expenditure and real final consumption expenditure in France and Germany Inflation—three-month averages for US CPI annual rates, UK CPIH annual rates and annual inflation rates in the EU, France, Germany and China Other relevant research: The previous report in the series: January 2023 Monthly Consumer Update: US, UK and China Our monthly reports keep you up to date on retail sales (in total and by sector) and key consumer indicators, focusing on China, the UK and the US. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Personal Financial Sentiment Improves: Weekly US Consumer Sentiment, Week 19, 2025—InfographicSix Months to Singles’ Day 2026: How Will Extended, Segmented and Convenience-Driven Consumption Reshape the Festival?Consumer Sentiment—The Big Surprise in a Week of Shocks; Plus, Apparel Shopping in Focus: US Consumer Survey InsightsWeekly US Store Openings and Closures Tracker 2025, Week 51: Retailers Announce More Than 1,000 Store Openings for 2026