By: Sakthi Prasad -- Content Director
09 January, 2022
The world is currently in the grip of the Omicron wave. U.S., Europe, and South Asia are registering unprecedented infection numbers. However, there does seem to be light at the end of the tunnel. Unlike the previous waves of infection that crippled factory production, the current wave thus far has not caused large scale supply disruptions. We may not know how things will pan out in the next month or so, but for now the production numbers don’t look gloomy.
Global manufacturing activity remained strong in December 2021 as factories managed to plan for rising cases of the Omicron coronavirus, although persistent supply constraints and rising costs does point to lingering worries. The question is will the factory production hold up in the months to come as infection rate goes up?
In this scenario, Beroe is releasing the Category Forecast for the year 2022. The analysis show what Procurement teams can expect in the next 12 months or so. Please note that we have released only a select set of categories in the public domain. The comprehensive set of category forecast is available on Beroe LiVE.Ai.
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