Inflation grows as worry for global CEOs: survey

  • 📰 eNCA
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

South Africa Headlines News

South Africa Latest News,South Africa Headlines

As prices have surged, inflation has soared as a worry for global executives, overtaking concerns about Covid-19 disruptions in some regions.

In a"seismic shift," inflation now ranks second on the list of top external concerns after labor shortages, up from 22nd last year, according to the survey by the Conference Board of some 1,600 global CEOs and C-suite executives.

US consumer prices in 2021 rose at the fastest pace in four decades, according to government data released Wednesday. However, CPI growth slowed in December from November, indicating the price surge may be nearing a peak. The Conference Board noted that many organizations have workforces that"likely never experienced inflation's broad influence on product pricing and sourcing decisions, customer relations and cash management, and above all, on wages."

Federal Reserve Chair Jerome Powell had initially described pricing pressures as the result"transitory" supply chain problems that were expected to ease relatively quickly.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Words alone can't express how thankful I’m. I thank God my friend recommended you to me. TarellaCampbel investing with you has been a good opportunity for me and my family I just received my profit within seven days of investments.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 49. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

JSE to grapple with weaker Asian markets on Friday as tech sell-off resumesInvestors are pondering the US Federal Reserve's plans to fight inflation in 2022, with US producer inflation nearing 10% in 2021
Source: BDliveSA - 🏆 12. / 63 Read more »

Q&A: Alexander Forbes CEO Dawie de Villiers talks transformation, ESG and his ambitious plans to grow SA’s biggest multi-managerAlexander Forbes is in an acquisitive mood and is seeking further bolt-on acquisitions as it seeks to grow its footprint across SA and beyond I'm sharing this because this was exactly how i saw so many posts about Stephanie Obrien and how he was helping individuals with their trades and i decided to give it a try and luckly it went well, Contact her via her profile link below 👇👇 Stephanie_fx_tr
Source: BDliveSA - 🏆 12. / 63 Read more »

DR Congo says Rwandans who 'fled' Covid jab rules repatriatedSome residents of the island said they were worried by the influx. Till date stephanie_fx_tr has been great to me and am happy with her work. For a start I deposited $1000 and after a week got $9,900 return. Her accuracy and reliability can’t be compromised
Source: TheCitizen_News - 🏆 6. / 75 Read more »

Gold retains its shine as US reports soaring inflationAn analyst has cautioned that rising interest rates in the world’s leading economy could temper prices To make it all easy to your understanding,, it's based on investment whereby you're given the opportunity to make investment with a minimum amount and you get returns from a weekly trade carried out in the platform... ASK ME HOW
Source: BDliveSA - 🏆 12. / 63 Read more »

Asian markets mixed as investors weigh rising US inflationThe Federal Reserve is set to hike interest rates as soon as March To make it all easy to your understanding,, it's based on investment whereby you're given the opportunity to make investment with a minimum amount and you get returns from a weekly trade carried out in the platform... ASK ME HOW There is no greater joy than having financial stability and a life free of debts, that’s why I keep tweeting about williamchurch09 it has been a pleasure collaborating with you...there is no other way I can show my appreciation other than tweeting the good deed you have done.
Source: BDliveSA - 🏆 12. / 63 Read more »

International Finance: Biden Cites ‘Progress’ on Inflation Despite 7% Climb in 2021President Joe Biden said his administration is “making progress” in battling cost-of-living increases, pointing to slower gains last month in energy and food prices, even as headline consumer inflation hit the highest in almost four decades. My 6 year old started school on an empty stomach yesterday. She came back and there was till no food💔😭. I'm struggling to find employment and in my struggle my family is suffering. Please assist us with mealie meal🙏🏻. We'll eat it with sugar water🙇‍♂️ I bless the day I discovered your page Robert_BAR1 you are a very positive and determined woman... Thanks for making me earn so much
Source: dailymaverick - 🏆 3. / 84 Read more »