Global Inflation Tracker Q3 2023: Inflation Eases While Global Divergence Accelerates
Justinas Liuima
Global inflationary pressures are predicted to moderate further over 2023 and 2024. Slower economic growth, stricter monetary policies of the central banks and supply chain improvements contribute to the price stabilisation. However, there are divergent inflation trends in the largest economies due to differences in the economic performance, labour and energy markets.
Focus on Supply Chain Resilience Increases Amid Global Risks
Justinas Liuima
Supply chain optimisation is one of the key trends in the manufacturing sector that will shape the global manufacturing landscape over the next decade. Increased economic uncertainty, rising geopolitical tensions, the need to improve operational efficiency and still prevalent transportation bottlenecks drive the need to improve supply chain resilience to better withstand future shocks.
Economies in 2023: Key Trends to Watch
Lan Ha
In 2023, global economies will continue to face multiple macroeconomic headwinds, including geopolitical uncertainties, inflation and tightened financial conditions. Global economic growth is expected to further slow, while cities will witness subdued consumer spending growth.
Three Areas of Opportunity for ASEAN
Kamile Botyriute
Trade tensions and major disruptions in global supply chains have pushed investors to look for alternative business locations. The regional bloc of the Association of Southeast Asian Nations (ASEAN) is increasingly viewed as a prospective option for new investments thanks to trade liberalisation, rapid digital advancement and cost advantages.
Key Risks and Opportunities in the Global Food Commodity Market
Aleksandra Svidler
We have identified key factors that will continue to shape food commodity markets, including commodity price volatility, uneven development in food demand, shifts in global supply chains, climate change and sustainability pressures.
Uncertainty in Wheat Supply Pressures Emerging Markets
Dovile Misiunaite
Food crisis is brewing in 2022, with wheat supply and pricing playing a major role in it. Soaring agricultural input prices, increasingly unpredictable weather conditions during harvests and the war in Ukraine are all pushing up the key commodity price and in turn leading to inflation across most staple foods.
New Housing and Construction Methods Drive Demand for Wood
Kamile Botyriute
New construction projects are expected to rely more on wood products amid growing interest in construction from mass timber. As wood requires less energy to process compared to other materials such as steel or concrete, it is also increasingly viewed as a renewable, low-carbon and energy-efficient option for buildings.
Global Trends in the Commodities Market
Euromonitor International
Explore the latest trends shaping the global commodities market in our free report extract.
Staple Foods: Wheat Woes Intensify Inflation
Tom Rees
Staple foods have come under intense pressure from inflation in recent times, and the drivers show no immediate signs of easing. While costs were already rising across the board, Russia’s invasion of Ukraine and the resulting impact on the world’s wheat supply has meant costs have soared for producers and prices have surged on-shelf for consumers.