According to the latest report prepared by the International Institute of Certified Auditors ICAEW together with the research firm Oxford Economics, the following economic trends have been identified:
China's economy is recovering after a significant decline at the beginning of 2020 due to the COVID-19 pandemic. Consumer demand is focused on recovery, while exports also show positive dynamics.
European countries are gradually emerging from recession due to the gradual lifting of restrictions and growth in production. Steps are being taken to stimulate the economy and support entrepreneurship.
In the United States, there is an improvement in the market situation thanks to active stimulus and the recovery of various sales.
"The global economic situation remains unstable, but the gradual recovery is noticeable in many regions. It is important to continue monitoring the development of events and make informed decisions to support economic growth," noted the ICAEW representative in connection with the ongoing research.
