Weakness of local currencies vs the dollar will force US vendors to act and act again
Chief information officers in Western Europe should buckle up for enterprise tech price inflation in 2023 unless local currencies stage something of a dramatic recovery against the US dollar.
Western Europe is projected to record the highest growth rate in EMEA during 2023, reaching $218.7 billion in customer spending. For the current calendar year, the UK is expected to outgrow France and Germany in local currency with a rise of 8 percent in British pounds. He said inflation levels are being compounded by the weakening of the pound and the Euro relative to the US currency.
EMEA – that ill-formed economic entity comprising 115 countries concocted by American businesses – has suffered from currency shift over the last year, impacting demand for IT products in the consumer sector.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Janet Street-Porter makes jibe at Charlene White for crying on I’m A CelebNot one to keep her opinions to herself, Loose Women star Janet Street-Porter couldn’t help but criticise her fellow panelist Charlene White for crying on Monday night’s ImACeleb, accusing her of ‘exhibiting weakness’ 🙄
Lire la suite »
Europe should not be complacent on energy security\n\t\t\tLet our global subject matter experts broaden your perspective with timely insights and opinions you\n\t\t\tcan’t find anywhere else.\n\t\t
Lire la suite »
Europe should not be complacent on energy security\n\t\t\tLet our global subject matter experts broaden your perspective with timely insights and opinions you\n\t\t\tcan’t find anywhere else.\n\t\t
Lire la suite »
China conflicts prompt chip manufacturing battles in EuropeGermany blocks sale of fab to Chinese firm, Taiwan's investments challenged in Lithuania
Lire la suite »
Energy Bills In Europe Are 90% Higher Than Last Year | OilPrice.comElectricity and gas prices are soaring across Europe, with bills close to double from last year in most European capitals
Lire la suite »
Europe Ramps Up Renewable Capacity Amid War In Ukraine | OilPrice.comThe war in Ukraine has sparked an urgent need to increase renewable energy capacity in Europe
Lire la suite »