Consumers hold the key to global fortunes in 2022
In 2022, we expect the strength of global economic growth to be driven by demand-side developments, in stark contrast to the past two years when shifts in activity restrictions have been the dominant force. While we expect healthy growth, it is conditional on a reasonably orderly removal of the emergency fiscal support measures, which may prove easier said than done.
What you will learn from this report:
- As we enter 2022, we expect the economic importance of Delta to wane and most of the easy growth wins from reopening to have been exhausted.
- While global GDP growth will lag behind the exceptional rates of 2021, we see a well-above-trend expansion of 4.7%.
- The consumer boom is driven primarily by the advanced economies.
Tags:
Related Services
Post
House prices continue to slide for China’s cities
Research Briefing Consumers hold the key to global fortunes in 2022 While the property market downturn has been universal, the scale and depth has been varied for different cities and regions.
Find Out More
Post
The Construction Productivity Challenge in Australia
Delve into the state of construction productivity in Australia. Understand the factors affecting growth and how innovation can transform the industry for the better.
Find Out More