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Asia-Pacific to lead global retail sales, weather Middle East conflict

Asia-Pacific to lead global retail sales, weather Middle East conflict
South China Morning Post Friday 05 June 2026, 02:00 UTC By Biman Mukherji 1 min read
Key Points

Asia-Pacific is expected to drive global retail sales over the next five years, even as the Middle East conflict is hurting consumer confidence, according to business analysts. The war could continue to weigh on consumer and business sentiment for now due to higher energy prices and supply chain disruption, Anand Ramanathan, Deloitte Asia-Pacific’s retail and consumer products sector leader, said in an interview. “As borrowing costs rise and financial conditions tighten, consumers and...

Asia-Pacific is expected to drive global retail sales over the next five years, even as the Middle East conflict is hurting consumer confidence, according to business analysts. The war could continue to weigh on consumer and business sentiment for now due to higher energy prices and supply chain disruption, Anand Ramanathan, Deloitte Asia-Pacific’s retail and consumer products sector leader, said in an interview. “As borrowing costs rise and financial conditions tighten, consumers and businesses...
Asia-Pacific (LOCATION) Middle East (LOCATION) the Middle East (LOCATION) Anand Ramanathan (PERSON) Deloitte Asia-Pacific’s (ORG)
Originally published by South China Morning Post Read original →

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