Global Expenditure Slow to Recover in 2013

Global expenditure saw modest growth in 2013, hampered by the US sequestration, the Federal Reserve taper and the economic downturn in the eurozone. There are several initiatives in place helping consumer spending regain traction in 2014 such as Japan’s quantitative easing policy, which An Hodgson, Income and Expenditure Manager at Euromonitor, says will have a positive impact on the global economy.

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