Market Trends | ECSA Chemicals

Market Trends

Economic scenario for the market of chemicals and raw materials

Market Trends

Economic scenario for the market of chemicals and raw materials

JULY 2020

INFLATION RATE

In 2020-Q1, prices are relatively stable compared to 2019-Q4: the percentage change in the Consumer Price Index is modest and close to zero in most reported countries. In comparison to 2019-Q1, the inflation rate is instead positive in all countries, with the notable exception of Switzerland.

In Switzerland, both current inflation and inflation expectations are low due to low oil prices, weak growth prospects (due to the pandemic crisis) and a strong Swiss franc.

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