Inflation has peaked in most countries, indicators suggest. Factory-gate prices, commodity prices, and expectations of future inflation have all dropped in recent weeks, the Financial Times reports. [Global inflation likely to have peaked, key data indicators ... – FT]
The Phnom Penh Post comments on the customs data of exports of shoes and components for footwear: the export of the sector in the first 9 months of this year amounts to 1.325 billion dollars, up 32.69% compared to 998.238 million last year. However, it signals a slowdown in new orders in the third quarter and also other difficulties in production that will affect exports in the coming months. Among the reasons, post-Covid-19 global inflation and the rise in oil prices. [Footwear exports may slip in Q4 - Phnom Penh Post]
Global trade is expected to lose momentum in the second half of 2022 with merchandise trade volumes predicted to decline in 2023, according to a new report from @wto, World Trade Organization, economists. The UN partner agency has cautioned against imposing trade restrictions which would ultimately result in slower growth and lower living standards.
Companies across China are making changes to everyday products and adapting their business strategies to cope with rising costs and the country's economic slowdown, which is weighing on consumer spending. It is the thesis of a report of the @WSJ. [Chinese Companies Alter Products, Strategies to Offset Rising Costs – the Wall Street
In August, footwear retail prices rose 5% over the past year, slower than the 7% posted in February, the second-highest increase in 33 years. Men’s footwear prices rose 4%, women’s climbed 4.9% and kids’ expanded 6.8%. These gains in all three categories are a bit slower than noted in recent months, the FDRA said. [Footwear Prices Show ‘Nascent Signs’ of Moderating as Inflation Continues to Rise- FN]
A new Market Intelligence report has been published by @WTPworldleather. This report points out that the leather industry, as with most manufacturing sectors, faces sharp cost increases, mainly due to rising energy costs. [Market Intelligence: leather on the horns of a dilemma – leatherbiz.com]
Thank you for subscribing to the newsletter
Ti invieremo periodicamente notizie e aggiornamenti sulle nostre attività e sarai il primo ad essere informato sulle novità, le fiere e gli eventi.
Ti sei già iscritto alla newsletter con questo indirizzo email.
Purtroppo si è verificato un errore. Ti preghiamo di riprovare più tardi. Grazie
