1、 November 2023 Economic and Market Report Global and EU auto industry:First three quarters 2023 www.acea.auto 2 Contents EU economic outlook.3 Registrations.5 Global.5 European Union(EU).7 Production.9 Global.9 European Union(EU).12 Trade.13 Imports.14 Exports.15 COPYRIGHT NOTICE Reproduction of(par
2、ts of)this information or related documents is not permitted without the prior written consent of ACEA.Wherever reproduction is permitted,ACEA shall be referred to as the source of the information.www.acea.auto 3 EU ECONOMIC OUTLOOK After robust post-pandemic expansion,the EU economy slowed down thi
3、s year.Real GDP barely grew in the first three quarters of 2023,and the European Commission predicts a modest 0.6%growth for the entire year.Looking ahead,a slight rebound of 1.3%is expected,driven by higher wages and rising external demand.According to the latest forecast from the European Commissi
4、on,EU inflation is projected to drop from 6.5%in 2023 to 3.5%in 2024 and to 2.4%in 2025.The decrease in consumer energy prices has been a key factor,and recent months have seen a broader moderation in inflation,indicating easing price pressure.Despite the slowdown in economic growth in the first thr
5、ee quarters of 2023,the EU labour market remained strong.As the economy gradually improves next year,employment growth is expected to continue,keeping the unemployment rate stable,close to its record low.Table 1:EU economic forecast Key figures 2023 2024 2025 GDP(%)(%)0.6 1.3 1.7 Inflation(%)6.5 3.5
6、 2.4 Unemployment(%)6.0 6.0 5.9 SOURCE:EUROPEAN COMMISSION ECONOMIC FORECASTS,AUTUMN 2023 www.acea.auto 4 Figure 1:EU GDP growth forecast for 2023,by country SOURCE:EUROPEAN COMMISSION ECONOMIC FORECAST,AUTUMN 2023 www.acea.auto 5 REGISTRATIONS GLOBAL Global car sales are recovering,growing by a sig