The Impact of Inflation - A market survey undertaken in July 2022
This report is based on input from 443 respondents, representing 23 different industries and a worldwide perspective. It draws from both customer and supplier viewpoints and indicates that inflation is creating tensions in trading relationships, though at differing levels and with differing results.
The results from the survey confirm the tensions that exist, at present most notably in product costs, though also in some service areas, such as transport and logistics. They reveal the extent to which buyers and suppliers see the future differently, in particular in the form of future contracts and charging mechanisms and expectations regarding transparency. These differences are going to result in challenging negotiations, yet each side has an interest in trying to find ways to lessen inflationary pressures.