Asia-Pacific to lead global retail sales, weather Middle East conflict
Asia-Pacific is expected to drive two-thirds of global new retail sales in the next five years, primarily through e-commerce growth. Despite potential headwinds from rising borrowing costs and the ongoing Middle East conflict impacting energy prices and supply chains, consumer and business sentiment remains cautiously optimistic. A significant majority of surveyed CFOs anticipate revenue stability or growth, even while acknowledging the conflict's negative impact. AI
