An economic milestone will be reached this year as China overtakes the USA to become the world’s largest economy in PPP terms. Beneath this headline there remain important differences between the two countries with China significantly lagging in key indicators such as income, consumer expenditure and car ownership. In terms of savings, the difference between the two is notably narrower indicative of China’s entrenched household savings habit and the relaxed attitude to credit in the USA.
As consumers consider and preplan their snack purchases more in lieu of economic challenges, anchoring innovations around consumer routines and need states has…
View ReportThis report provides a global overview of industrial trends from 2022 through to 2027 for the key manufacturing and service sector industries. Insights analyse…
View ReportThis report examines inflation levels and drivers globally and in key countries. In 2023, global inflation is expected to ease from its peak in 2022, but…
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