Global Inflation Tracker Q1 2024: Divergent Trends Persist Amid Lower Overall Inflation
Justinas Liuima
Global inflationary pressures are forecast to moderate further in 2024. Under the baseline scenario, global inflation is forecast to stand at 5.4% in 2024 and trend down further to 3.6% in 2025. Lower energy prices, slower consumption growth and normalisation of manufactured goods prices are contributing to lower inflationary pressures.
Key Drivers for Private Label Growth in Latin America
Andres Chehtman
The share of private label sales in Latin America remains far below that of developed regions such as Western Europe and North America, indicating there is further opportunity for growth. Euromonitor International has examined the main reasons for the growth of private label in Latin America.
Commodity Market Outlook Q1 2024: High Uncertainty Amid Soft Economic Outlook and Geopolitical Risks
Aleksandra Svidler
This year’s commodity market outlook remains highly uncertain. As consumers and businesses continue to grapple with lingering cost pressures and high interest rates, subdued global economic activity is set to translate into softer commodity demand.
“Made in America” Furniture Faces Darwinian Cost Pressures
Nick Stene
With US demand softening and domestic production inflation still a factor, the 2023-2024 bankruptcies and layoffs in the furniture sector are warning flags that geographic exposure to cost is strategically existential. Attention here is once again focusing on production locations, in the face of some harsh numbers.
Global Economic Forecasts: 2024 Outlook
Euromonitor International
Find the latest Q1 projections for GDP growth and inflation in 2024 to help your strategic planning.
Global Economic Outlook: Q1 2024
Lan Ha
In 2024, the global economy is expected to register slowing growth for the second consecutive year. This is primarily due to the dampening effect of high interest rates in most major economies globally, in addition to weakening growth in China, the world’s second largest economy. Yet, this comes after global growth consistently outperformed expectations in 2023, withstanding numerous headwinds, especially ongoing and widening geopolitical tensions.
Higher-for-Longer Interest Rates: Outlook and Impacts on Businesses and Consumers
Lan Ha
The era of high interest rates is expected to stay for some time, as persisting price pressures and geopolitical risks continue to challenge central banks in key economies in bring inflation back to their targets. As businesses and households increasingly feel the financial pressure coming from high interest rates, they will further adjust their spending and borrowing behaviour.
Economies in 2024: Key Trends to Watch
Lan Ha
In 2024, economies and cities across many parts of the world will see a subdued growth environment, with higher-for-longer interest rates and geopolitical uncertainties weighing on consumption, investment, manufacturing and trade.
Tracking Inflation and E-commerce Performance of Adult Incontinence in Japan
Jared Conway
As inflation begins to cool down worldwide due to slower economic growth, stricter monetary policies of banks and supply chain improvements, Japanese consumers are still struggling to deal with the country’s inflationary environment as households are dealing with unfamiliar rises in consumer goods prices while not seeing wages keep pace.