Economy

IPSOS Webinar| Inflation: here to stay?
Innovating to grow in inflationary/ crisis times
Global inflation likely peaked in 2022, according to the International Monetary Fund, also negotiations are happening as we speak between retailers and FMCG companies. Consumers will still be grappling with high prices for months / years to come. At Ipsos we know and believe there are opportunities in every crisis, including via innovation, with a view to growth.

Global inflation likely peaked in 2022, according to the International Monetary Fund. But consumers will be grappling with high prices for years to come, especially those on low incomes and in the developing world.

Some would think it an understatement to say that the latest Ipsos' Reputation Council sitting takes place against an uncertain global backdrop. We seem to be in a perfect storm of social, political, and economic upheaval – the war in Ukraine, supply chain bottlenecks feeding inflation, and the lingering impact of Covid-19 are but a few of the factors impacting the world.

Inflation is the top global concern for the sixth month in a row with four in ten choosing it as a worry.

Almost two-thirds say cost of groceries has increased even as economies face deflationary pressures.

Most negative about an economic recovery in hard-hit countries except China.

Half see the virus as a threat to the world and a majority in all countries believe that it will take several months or longer to contain.

This month's global consumer confidence reaches 50.9

The average global economic assessment of national economies surveyed in 28 countries is down one point this wave with 47% of global citizens rating their national economies as ‘good’.