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WHAT'S NEXT?: Technology will become the new sales assistant, always on, always friendly, always delivering. Consumers will co-create and create products to their exact needs. Brands will have to focus on seizing mobile moments on apps that already have consumer's attention. Instantly explore below how lifestyles, buying behaviors and attitudes are changing and where you fall short in the battle to win consumers hearts and minds.

  • [New] With fuel prices soaring and electric vehicles becoming prohibitively expensive for most Indians, vehicles that run on compressed natural gas could be considered as a welcome relief and an alternative for mobility. ETEnergyworld
  • [New] Investments in new fossil infrastructure can prove short-sighted, as they lock US consumers into decades of payments on assets that will soon be stranded as clean energy prices keep falling. RMI
  • [New] Consumer price inflation had hit 9% in the year to April, while the Bank of England warned the cost of living was expected to rise further in 2022. Construction News
  • [New] Cyber criminals would target a business, consumer or device every two seconds by 2031 as threats continue to rise and nations migrate towards digital economies. The National
  • [New] Consumers have no plans of changing the trajectory of the streaming industry, as 93% of streaming subscribers say they plan to increase their usage over 2023. Neilsen
  • [New] With inflation at the highest level in 40 years, the Federal Reserve taking increasingly aggressive action to cool consumer demand and prices, the risk of a global recession is on the rise. Money Metals Exchange
  • [New] Bottlenecks in international markets, stemming from a pandemic-induced combination of changes in the global pattern of consumer spending and disruptions to global supply chains, have driven up the price of tradable goods, for which the UK is essentially a price taker. Bank of England
  • [New] Amid heightened uncertainty and plunging consumer confidence (European Commission 2022 a), they are exerting pressure on energy, food and other commodity prices; bringing renewed disruptions in global supply; and contributing to the tightening of financial conditions. PLACE
  • [New] Responding to environmental concerns, Coca-Cola created the World Without Waste initiative, outlining plans to have better recycling habits with its consumers by 2030. USA Today
  • [New] The Volkswagen Group will invest a total of 21 billion euros in Lower Saxony up to 2026 and make the federal state Germany's center for electric mobility. Automotive World
  • [New] Kohl's disappointing 1 Q earnings supports Fitch's view that retail earnings expectations for 2022 will need to moderate, not just due to rising inflation but also an unwinding of consumer behavior which could negatively impact many consumer goods categories, including home. Retail Dive
  • [New] Kia has announced that it is building a new factory that will produce a whole host of different electric commercial vehicles, with plans for it to become a global leader in sustainable mobility solutions and a PBV (Purpose Built Vehicles) leader by 2030. Top Gear
  • [New] China in the Global Energy Transition China is the world's largest producer and consumer of energy, so its choices will be crucial both for meeting global energy demand and for delivering on global climate targets. World Economic Forum
  • [New] Lower MTR will have a positive impact on both consumers and operators, with the ultimate goal of lowering the cost of making calls across networks. Business Daily
  • [New] With PayGo joining Itron's expanding ecosystem of DI applications, the new capabilities for Itron Smart Pay will help consumers understand their energy usage and provide greater visibility into their consumption, enabling them to better control their energy spend. www.itron.com
  • [New] Consumers will start to see the change on 1.5 litre bottles of Fanta, Coca-Cola Zero Sugar and Diet Coke in Scotland this month. HullLive
  • Inflation could reach up to 10% by the end of the year, energy bill increases are hitting consumers hard and other daily expenditure is not immune either - with council tax and transport costs on the up too. The London Economic
  • The growth of mobility on demand services has raised partnership opportunities between transit agencies and transportation network companies in the US. Science Direct
  • The Indian ban could drive up global prices to new peaks and hit poor consumers in Asia and Africa. Nikkei Asia
  • Although not one of the world's top wheat exporters, India's ban could drive global prices Wv1 to new peaks given already tight supply, hitting poor consumers in Asia and Africa particularly hard. gCaptain

Last updated: 26 May 2022


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