Global Industry | Spiking producer prices will subside before long
Rising raw materials prices, supply-chain disruptions, and surging shipping costs are raising expenses for producers, boosting near-term global inflationary pressures. We believe this burst of producer price inflation will prove temporary.
What you will learn from this report:
- We see stresses beginning to ease in H2 2021 as supply-side problems gradually resolve and easing lockdown restrictions reduce price pressure on in-demand sectors such as e-commerce and postal services.
- The pandemic’s legacy could increase wage pressures due to reduced
migration, reshoring, and lower labour participation. However, other constraints on wages could strengthen, such as increased automation and elevated unemployment. - We project global producer price inflation will experience a spike this
year, especially in emerging markets and the US. But it won’t persist.
Tags:
Related Services
Post
Global enterprise tech spend pushed by secular, pulled by cyclical
Global spending on technology products by businesses and governments will grow 5.8% in 2025, adjusted for inflation and currency movement, which is over twice the pace of GDP, according to Oxford Economics’ latest forecasts. Adding the impact of prices and currencies, global enterprise tech spend will increase 7.6%, exceeding $6.5.
Find Out More
Post
After the presidential debate, the US election remains a toss-up
Though Vice President Kamala Harris' chances of winning the election have improved since her debate with former President Donald Trump, we aren't changing our subjective odds for the outcome of the 2024 presidential contest.
Find Out More