Inflation Top Worry for G20 Countries: Survey

Inflation Top Worry for G20 Countries: Survey
Customers at the Edeka grocery store buy pasta in Duesseldorf, Germany, on April 29, 2020. Wolfgang Rattay/Reuters
Reuters
Updated:

Runaway inflation, an unfolding debt crisis, and cost-of-living problems pose the biggest threats to doing business for Group of Twenty (G-20) countries in the next two years, data from the World Economic Forum showed on Monday.

Inflation has surged to levels not seen in several decades, prompting a third of G-20 countries to identify rising prices as their top concern, the Executive Opinion Survey conducted by the World Economic Forum’s Centre for the New Economy and Society showed.