Industry - Monthly Industry Briefings - Engineering and metal goods
To account for the ongoing war in Ukraine and sanctions imposed on Russia, we have updated our Global Industry forecasts on an interim basis. Our global growth projections have been relatively unchanged; however, the war will provide multiple disruptions through higher commodity and food prices, trade, financial instability, and geopolitical tensions. Countries geographically closer to Russia will be relatively more affected as these tend to be more dependent on Russian commodity exports.
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