Q4 Asia Forecast Update: Navigating a Complex 2022
The good news for 2022 is that there should be strong demand. That’s also the bad news, as it suggests continued shortages and supply chain snarls alongside fast-rising labour costs and a jump in inflation. Those challenges are the hangover left by the massive stimulus and the many restrictions required by the pandemic. After reviewing the outlook for growth, inflation, and currencies we’ll explore how these challenges are likely to affect corporate operations and investment strategies. Asia/Pacific retains a strong growth outlook, but the strategy will need to adjust to post-pandemic changes in the risks to be managed and the drivers of growth, from government policy through to consumer behaviour.