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Payment terms extended by survey respondents in Indonesia are notably more relaxed than last year. Does loosing terms on export sales reflect a need to limit the fall off in export demand?

The global economy is losing steam in 2019 and 2020. Ongoing uncertainty regarding the trade war continues to cloud the outlook.

L’adoption d’une réforme des retraites permettant d’économiser au moins 600-700 milliards de réaux est essentielle pour maintenir la viabilité de la dette publique et la confiance des investisseurs.

Conjuguées aux taux d’intérêt élevés de plus de 60%, les mesures d’austérité vont approfondir et prolonger la contraction économique.

La résistance de l’économie reste forte grâce à des politiques macroéconomiques et financières prudentes.

En 2019 et 2020, l’économie devrait croître d’environ 3% par an, sous l’effet de la hausse des prix du pétrole, des investissements et de la consommation.

La petite économie ouverte péruvienne dépend beaucoup des minéraux (cuivre, or, pétrole et gaz), qui représentent plus de 60% des exportations.

Higher costs of raw materials and import tariffs have increased operational costs and reduced overall profitability in the household appliances segment.

The UK sales outlook for consumer durables in 2019 is more subdued as household finances are strained and private consumption growth is decreasing.

Insolvencies are expected to level off or to increase slightly in 2019, in line with the forecast of a modest 2% increase in Dutch business failures.

Many smaller retailers lack the flexibility and financial means to adapt business models to changing consumer habits, and the credit risk remains elevated.

Retailers´ margins are expected to decrease further due to the fierce competitive market environment in most segments and increased price transparency.

Profit margins of retailers in the online segment to increase slightly in 2019, while brick-and-mortar retailers face continued margin pressure.

The number of payment delays and protracted defaults is expected to remain high in 2019, due to ongoing cash flow problems and restricted access to loans.

Even larger consumer durables retailers could face troubles due to increased financial exposure after acquisitions and the difficult economic environment.

Good payment behaviour in the household appliances, furniture and consumer electronics segments over the past two years, and no major changes are expected.

Both payment delays and insolvencies are expected to increase in the coming six months, mainly affecting smaller consumer durables retailers in Belgium.

With its large population, growing middle class and increasingly modern spending habits Indonesia's retail sector is one of the most promising in Asia.

China´s economic growth is forecast to slow down to 6% while downside risks have increased and business insolvencies will increase further in 2019

India´s economic outlook for 2019 and 2020 remains robust with about 7% growth, but a weak banking sector and high corporate indebtedness are concerns.