PART 1_V3

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PA R T 1 : T H E E CONOM Y

T H E ECONOMY I RISING INFLATION IN ASIA PACIFIC BE ALERT BUT NOT ALARMED

Inflation is arguably the headline economic news circling the world as the war between Russia and Ukraine continues to ravage in Europe and supply chain stress, after a brief respite at the start of the year, is re-intensifying. Central banks have been forced to act, testing both business and consumer confidence. Following an initial analysis based on data to March of this year, we revaluate the situation in Asia Pacific to highlight what’s changed, what has not and the revised outlook.

2 | C U S HMA N & WA K E F I E L D

C U S HMA N & WA K E F I E L D | 3

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