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Commodity Market Outlook Q2 2023: Weakening Global Economy Curbs Price Growth
Aleksandra Svidler
The ongoing slowdown of the global economy and weaker-than-expected recovery in China continue to put downward pressure on the commodity markets. Subdued B2B demand and private consumption, and weaker capital investment growth dampen the demand for food, energy and metal commodities and cap the price growth.
Global Economic Forecasts: Q2 2023
Euromonitor International
Resilient consumer spending in advanced economies and China’s recovery resulted in slight improvements to global economic projections for the year.
Global Inflation Tracker Q2 2023: Inflation Trends Down but Labour Markets Pressure Services Prices
Justinas Liuima
Inflation in the largest economies continues to moderate as slower economic growth and consequently weaker demand help to cap price growth. Inflation forecasts for the US and the Eurozone remain largely unchanged compared to estimations in the previous quarter as easing price pressures of manufactured goods and commodities help to curb inflation.
Redefining Dairy and Alternatives Through Innovation
Maria Mascaraque
Innovation is crucial to reverse volume decline and to build added value in the dairy industry that consumers are willing to pay extra for. This includes developing new products that meet changing consumer preferences, such as healthier and functional offerings as well as plant-based alternatives.
Earth Day 2023: Now Is the Time to Take Climate Action
Jorge Zuniga
The Earth Day 2023 theme underscores the significance of investing in our planet, emphasising the role that governments, businesses, and consumers must play in fostering a more sustainable economy. Immediate collaboration towards significant actions is needed to keep global warming below 1.5C. The private sector's essential magnitude and celerity give it the capability to steer the most significant changes. As a result, stakeholders expect businesses to take action on the issue.
Unwrapping Sustainable Packaging
Jorge Zuniga
The beverages, beauty and personal care, home care, dog and cat food, and packaged food industries accounted for four trillion retail/off-trade packaging units in 2022, according to Euromonitor’s packaging data. However, most companies will hardly meet their 2025 sustainability commitments. Waste management efforts are under scrutiny, to comply with stricter legislation and to meet pushing consumer demands. Companies need to be part of the solution.