LONDON–(BUSINESS WIRE)–Global market research company Euromonitor International released today
a new white paper, “Global Economies and Consumers in 2017”.
Euromonitor International analysts predict 2017 will be marked by
slowing growth in consumer expenditure in developed markets. With many
of these countries struggling to raise productivity, weighed down by
debt and ageing population, stagnation represents a threat. The Eurozone
will continue to see anaemic growth, with a slowdown in all major
economies next year.
Sarah Boumphrey, global lead of economies and consumers at Euromonitor
International comments, “In emerging and developing markets, real
consumer spending growth is expected to strengthen in 2017, driven by
markets such as China, India and the ASEAN. Brazil and Russia are
expected to return to growth next year, albeit weak growth. India should
continue to perform well, with the strongest growth in all major
markets, although downside risks stem from demonetisation.”
Among the trends to watch in 2017:
The US elections result unfolds uncertainty with global spillovers.
The main obstacles include increases in trade tariffs and immigration
restrictions, which could cause a downturn in the US economy, with GDP
growth falling to 0.9 percent in 2017.
Political risks threaten to obstruct economic growth in Europe.
Right-wing parties gain ground across Europe, adding up to significant
political uncertainty, while continued concern surrounding Brexit is
estimated to lower UK demand and add to vulnerability of European
The over-indebted Chinese corporate sector will pose increasing
pressure on the Chinese economy. High credit growth is anticipated to
carry on in China. Bad loans being a particular cause for concern, add
to a high probability of a banking crisis by 2020.
With the global economy entering a period of political volatility,
Euromonitor analysts explore the economic landscape in 2017, taking in
top trends within Business Dynamics, Cities, Economy, Finance and Trade,
Industrial, Natural Resources, Digital Consumer, Households, Income and
Expenditure and Population.
To download the free report, visit: http://go.euromonitor.com/white-paper-2017-global-economies-consumers.html
About Euromonitor International
International is the world’s leading provider for global business
intelligence and strategic market analysis. We have more than 40 years
of experience publishing international market reports, business
reference books and online databases on consumer markets.
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