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The global economy has proven more resilient than expected. However, it is moving towards lower growth in 2024.

Industry growth decelerating this year

High inflation and interest rates have knocked consumer confidence

Europe and Middle East – Growing on strong foundations

Global economic growth continues to lose steam as a result of past monetary tightening while geopolitical risks increasingly weigh on the outlook.

Sector expert insights into the key issues affecting the industry in the Americas, Asia Pacific and Europe.

Pressure on household incomes is weakening demand, although EV sales are gaining momentum

Civil engineering drives industry, as economic conditions slows growth in residential construction

Global demand for non-essential food products shrinks amid squeeze on household incomes

Global economic outlook, high energy prices and weak demand subdue metals markets

Growth slows amid subdued demand; opportunities will come from green and digital transitions

Sector expert insights into the key issues affecting the industry in the Americas, Asia Pacific and Europe.

Financial challenges facing companies polled in the United Arab Emirates are highlighted by bad debts affecting 11% of all B2B invoiced sales.

B2B sales on credit dropped sharply among Singapore companies during the past 12 months. It highlights the severe challenges facing the Asian economy.

Late payments increased during the past year and now affect an average 48% of all B2B invoiced sales among companies in Indonesia.

Late payments are a clear concern for companies polled in Japan. 37% of invoiced B2B sales were overdue.

The more relaxed trade credit policy introduced by Indian businesses had a negative impact on Day-Sales-Outstanding (DSO).

Amid a severe challenge to maintain cashflow there was an 85% increase in the number of Taiwan companies who took significantly longer to collect overdue payments.

A staggering 89% of companies polled in Vietnam said the main reason for late payments was liquidity shortages among B2B customers.

In Hong Kong there was a 26% increase in companies polled who had to wait longer to collect overdue payments from B2B customers.