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Macroeconomic Analysis
NewGlobal Macroeconomic Outlook – Q2 2024 Update
The global economy is projected to sustain a moderate growth trajectory, with GlobalData forecasting a GDP growth rate of 2.47% in 2024. This marks a slight decrease from the 2.62% recorded in 2023, followed by a modest increase to 2.55% projected for 2025. Tight monetary conditions continue to impact the housing and credit markets. However, the overall global economic activity remains relatively resilient, bolstered by declining inflation rates and improving private sector confidence. Despite these positive indicators, rising geopolitical tensions...
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Thematic Analysis
NewCircular Economy – Thematic Intelligence
Circular Economy Thematic Report Overview The circular economy seeks to eliminate waste and pollution, keep products and materials in use, and regenerate natural systems. In the traditional linear economy, businesses typically follow a take, make, use, and dispose of the path, with minimal regard for the resources used and the environmental consequences. However, public pressure to mitigate climate change, combat biodiversity loss, and preserve scarce resources is rising. Proactively adopting circular practices can help businesses stay ahead of the evolving...
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Analyst Opinions
NewWealth Management Trends and Themes in 2024
This report informs wealth managers and their strategy teams of the key developments emerging across the industry and how best to respond to these changes. The report examines in detail key areas such as the crypto hype, HNW asset allocation strategies, profitability, and ESG, with analysis supported by findings from GlobalData’s propriety surveys of wealth managers and investors. 2024 promises to be another challenging year. Economic growth remains slow, geopolitical tensions are mounting, and inflation remains stubbornly high in key...
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Analyst Opinions
NewBroker Distribution Insight 2024 – Which Insurers Lead the Way?
This report explores which insurers can be considered market leaders from the point of view of commercial brokers. The report looks at factors that brokers find most important when selecting an insurer with which to place business, analyzing how this has changed over the course of the cost-of-living crisis. Across 11 different aspects questioned, brokers select the insurer they consider to be best in class. The four leading insurers are discussed individually, as well as each separate category. The top...
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Consumer Insights
NewChina Apparel Consumer Insights – Who Shops, What do they Shop, How do they Shop and Why do they Shop
China Apparel Consumer Insights Report Overview Most Chinese consumers are optimistic about the country's economic outlook for the next six months, with nearly 50% of consumers expecting overall economic improvement and around the same percentage anticipating improvement in their finances. As a result, more Chinese consumers are planning to spend more on clothing & accessories, and footwear, especially among females, driven by their inclination toward following trends. There is a clear preference for online shopping among Chinese apparel shoppers, propelled...
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Sector Analysis
NewAlgeria Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2029
Algeria Defense Market Report Overview In 2024, Algeria's defense budget is worth $21 billion. With oil prices recovering due to controlled supply by OPEC, Algeria, which is an oil-based economy, is likely to show moderate recovery, which in turn will propel its defense expenditure. The 2024 defense budget has recorded the highest increase in defense spending since 2020 which demonstrates Algeria’s willingness to maintain robust defense spending despite economic pressure. The country’s defense budget will grow at a CAGR of...
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Macroeconomic Analysis
NewChile PESTLE Insights – A Macroeconomic Outlook Report
Mining, manufacturing, and utilities contributed 29.3% to the gross value added (GVA) in 2023, followed by wholesale, retail, and hotels (11.8%) and transport, storage and communications (7.7%). In nominal terms, the three sectors are forecast to grow by 6.0%, 4.8%, and 3.7%, respectively, in 2024. Four major regions in Chile generated 52.3% of the country’s GDP and comprised 53.0% of the country’s population, as of 2023, according to GlobalData’s cities database
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Analyst Opinions
NewAlcoholic Beverages – Consumer Spend Analysis
Alcoholic Beverages Consumer Spend Analysis Report Overview Uncertain economic situations and inflationary price spikes pressurized global consumers to cut spending on non-necessities such as alcoholic drinks. Approximately 30% of global buyers now describe their spending on alcoholic beverages as "low". The "Consumer Spend Analysis – Alcoholic Beverages" explores the evolution of consumers' spending habits on alcoholic beverages between 2022 and 2024. The report examines the trends in consumer shopping behavior and how inflationary concerns impact overall spending for alcoholic beverages,...
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Sector Analysis
NewSpain Retail Consumer Insights – Spending Intentions and Shopping Habits, 2024
This report provides detailed consumer insights into Spain's retail market. It focuses on the economy, consumer sentiment towards personal finances, cost pressures, offline retail, and online retail. Spanish consumers remain hopeful about their personal finances despite expecting the economy to worsen over the short term. Despite this, 59.0% plan to cut back on non-essential retail spending in the next six months, while essentials like food and health see less impact. Older generations, particularly Gen X and Boomers, are more pessimistic...
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Macroeconomic Analysis
NewChina PESTLE Insights – A Macroeconomic Outlook Report
China PESTLE Insights Report Overview The GDP of China was $17.8 trillion in 2023 and the country ranked 52nd out of 153 nations in the GCRI Q3 2023. On March 11, 2024, China's parliament amended a law to enhance the Communist Party's control over the State Council and China's cabinet following the cancellation of the premier's post-parliament news conference for the first time in thirty years. Buy the Full Report to Get More Insights into the China PESTLE Insights Report...