The once booming chemical industry has been battling the headwinds of persistent macroeconomic imbalances dating back to the global financial crisis for a decade. With the recent slump in demand for raw materials, the headwinds have only increased, as the chemical industry relies heavily on the transformation of raw materials into finished products.
To outperform the competition, it is imperative for chemical companies to keep abreast of the latest news and economic analysis with the most reliable economic forecasts in the market in order to make the best strategic and operational decisions. FocusEconomics covers 127 countries around the world with its Consensus Forecast report, which polls more than 900 leading analysts for their forecasts on more than 30 key macroeconomic indicators, such as economic growth (GDP), inflation and CPI, interest rates and exchange rates. FocusEconomics also covers the all-important commodities market, producing its consensus forecast on the prices and production of 33 commodities in the energy, metals and agriculture sectors.
With forecasts from numerous leading economic analysts, the Consensus Forecast is the perfect tool for benchmarking, scenario building and internal and external reporting. However, FocusEconomics does not limit itself to just the data