Situation économique | ECSA Chemicals

Situation économique

Analyse économique pour le marché des produits chimiques et des matières premières

Situation économique

Analyse économique pour le marché des produits chimiques et des matières premières

AVRIL 2021

INFLATION RATE

In 2020-Q4, prices in the selected European countries and in China are relatively stable compared to both the previous quarter and the same quarter of the previous year: in both cases, the percentage change in the Consumer Price Index is lower than 1%. The United States experience relatively stable prices compared to the previous quarter of the year, but a 1.24% price increase relative to 2019-Q4. Starting from 2021, the OECD predicts an average price increase between 0.5% and 2% in all selected countries, due to the rebound in GDP growth and to the partial recovery of labor markets as economic activity transits towards normality.

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