Viewpoint webinar: Economic woes worsen (fast)
25 July 2022Watch the webinar videos on latest Viewpoint report: Economics woes worsen (fast)
Watch these videos for a deeper dive into IGD’s latest Viewpoint report: Economics woes worsen (fast) highlighting the impact declining household incomes and rising inflation is having on shopper sentiment and the food and consumer good industry.
Chapter 1: UK economy faces recession
Global inflation is starting to slow down growth in a lot of economies, the UK in particular. With weak shopper confidence and falling consumer demand, the UK is on the brink of a recession.
James Walton, Chief Economist at IGD, begins by sharing an overview of the leading issue of rising input costs and the impact of this within the industry.