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Jeremy is Senior Reports Editor at Euromonitor International. He authors a diverse range of report content and strategic writing for Euromonitor’s Passport system and E.Com.
Jeremy has been producing content for the Reports Team since 2002. During this time, he has written, edited and proofread a vast body of work, encompassing country reports, regional briefings, global company profiles, amongst other strategic content, and has worked across all industries and geographies researched by Euromonitor. Jeremy's background in market research predates his long years of experience at Euromonitor. He has also worked as a freelance translator.
Consumer foodservice was one of the industries most badly impacted by the pandemic and its slew of restrictions, recording major losses across regions. It has been recovering in most areas of the world since the pandemic, although the recovery is starting to slow, due to high inflation rates pushing up costs and eating into consumers’ disposable incomes.
In Western Europe, high inflation is having a negative impact on sales of toys and games, with a similar situation prevailing in Asia Pacific, notably Japan, as rising prices in many areas of the economy are putting pressure on consumers’ disposable incomes. Despite this negative influence, Western Europe saw sales growth increase in 2022. In contrast, sales declined in Asia Pacific, due to losses in the region's highest value markets, China and Japan.
Sustained high inflation has hit sales of home and garden products across most of Western Europe, as well as in many countries in the Asia Pacific region. With consumer confidence shaken by rising prices, exerting downward pressure on people’s purchasing power, shoppers are postponing purchases of big-ticket items like furniture, as they prioritise spending on daily essentials.