Trade expected to expand in 2022 but supply shortages could fuel inflation – The National
- Date: 18-Mar-2022
- Source: The National
- Sector:Retail
- Country:Middle East
Trade expected to expand in 2022 but supply shortages could fuel inflation – The National
Trade is expected to expand further in 2022 but pandemic-induced supply shortages owing to lower production levels will lead to higher inflation, a report has found.
The report, which was commissioned by DP World in partnership with Economist Impact, comprises the results of a global survey of 3,000 executives across six regions including North America, South America, Europe, the Middle East, Africa and Asia-Pacific between October and December 2021.
“The surge in global demand combined with supply shortages is increasing inflationary pressures,” the report said.
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