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Euromonitor expects elevated core inflation in 2024, forcing central banks to keep interest rates high, impacting companies and consumers; real consumer spending in Asia Pacific set to rise 4% year-over-year in 2024, outpacing expected 2.2% global average
Published:
November 30, 2023
by Euromonitor International Ltd.
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Euromonitor: Asia Pacific poised to exceed North America as world's consumer spending powerhouse by 2031; Asians to make up 30% global consumption in next decade, with Bangladesh, Philippines and Vietnam standing out for steepest spending growth potential
Published:
November 29, 2023
by Euromonitor International Ltd.
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Euromonitor: African beauty trend gains momentum in global beauty and personal care industry, as local entrepreneurs develop custom solutions to address unique African skin tones, hair types and climate using natural ingredients and traditional practices
Published:
November 29, 2023
by Euromonitor International Ltd.
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Euromonitor predicts global inflation to ease to 4.9% in 2024 from 6.9% in 2023, helped by weaker economic growth, stricter monetary policies and stable commodity prices; inflation in US expected to slow to 2.6% in 2024, down from 4.0% in 2023
Published:
November 29, 2023
by Euromonitor International Ltd.
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Euromonitor: Food/beverage industry should see weight-loss drugs as opportunity to promote healthier offerings; in snacks, smaller packs have been expanding, could see greater demand from those looking to reduce calorie intake while taking the medications
Published:
November 28, 2023
by Euromonitor International Ltd.
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