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Global chemical demand recovery slows

 Last Update: 2022-01-08
 Source: Internet
 Author: User

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In 2021, the world economy has rapidly recovered from the limits of the new crown pneumonia epidemic, but as the German Chemical Industry Association (VCI) pointed out on December 16, the prospects for a stronger recovery of the global economy are "quite bleak

Due to the spread of the newly emerging Ome Keron strain and the effectiveness of existing vaccines are still unclear, countries are currently taking active actions to cope with the rapidly rising infection rate

In the UK, due to the surge in inflationary pressures, the Bank of England announced on the 16th that it would raise its benchmark interest rate from 0.

In terms of regions, the economic situation is mixed

VCI pointed out that in India, there are still deficiencies in infrastructure, education and management, which continue to hinder medium-term economic growth

VCI predicts that in 2022, the output of the German chemical industry will increase by 1.

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