Research Briefing | Sep 9, 2021

Consumers hold the key to global fortunes in 2022

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. 
Back to Resource Hub

Related Services

Post

Relative return index signals improving CRE attractiveness

Our latest global relative return index (RRI) signals that risk-adjusted investment opportunities in commercial real estate (CRE) should start to emerge this year before becoming more widespread in 2025. At this point, our baseline expected returns move higher than required returns, pushing the global all-property index above the 50 mark.

Find Out More

Post

South Africa: Elections 2024 | ‘ANC & friends’ election scenario

This Research Briefing sets out the first of four scenarios for South Africa's general election on May 29. In this scenario, the ANC wins over 46% of the vote share at the national level, and forms a government by working with small, constituency-based parties.

Find Out More