consumer spending

Global capital has only been gradually waking up to the potency of the middle class opportunity in emerging markets, particularly in China, writes Ed Butchart, chief investment officer at Sloane Robinson.

British consumers held up well in the wake of the UK Brexit referendum last year, but signs of weakness have emerged.

Globalisation has come a long way fast, and many of the factors driving local inflation are now global in nature. But where will they go from here?

Long-term trends