Global Scans · Consumer · Weekly Summary

WHAT'S NEXT?: Technology will become the new sales assistant, always on, always friendly, always delivering. Consumers will co-create and create products to their exact needs. Brands will have to focus on seizing mobile moments on apps that already have consumer's attention. Instantly explore below how lifestyles, buying behaviors and attitudes are changing and where you fall short in the battle to win consumers hearts and minds.

• [New] The price of carbon is still too low globally, and the political difficulty of having energy consumers face the cost of carbon in their everyday decisions is one of the reasons why the energy transition will move slower than many people hope. Energy Connects
• [New] Adani TotalEnergies E-Mobility Limited's and MG Motor India's partnership to develop charging infrastructure marks a significant milestone and will play a crucial role in accelerating India's energy transition. The Shillong Times
• [New] The American Astronomical Society has a list of approved eye protection for the eclipse and warns consumers to steer clear of potential counterfeits. Business Insider
• [New] Rakuten Mobile will continue its efforts to improve network quality and expand its range of services so that customers can enjoy best-in-class mobile services anywhere in Japan. MarketScreener
• [New] Perhaps not by coincidence, T-Mobile's data scientists have new predictive models ready that will use customer data to predict how a customer might behave when they call customer support. PhoneArena
• [New] Although the UK fell into a recession in the second half of last year, most economists are confident that growth will return in 2024 thanks to a stronger consumer. CityAM
• [New] Companies that want to be successful in the long-term should ensure they do not rely too heavily on unhealthy products and heed the growing consumer demand for healthier food, which will help deliver better health outcomes globally. ShareAction
• [New] As younger generations of consumers expect more from businesses, lotteries have the potential to double down on being a positive force for change in their communities over the next decade. SBC News
• [New] The impact of inflation remains persistent and will translate into cautious discretionary spending levels as the baseline forecast global inflation remains above central banks' targets, meaning high interest rates are likely to stay and will continue squeezing consumers' disposable incomes. Euromonitor
• [New] If the U.S. continues to post strong economic data, such as consumer inflation, job growth or rising Treasury yields, it could further support a stronger U.S. dollar which traditionally has an inverse relationship with gold. FX Empire
• [New] We can now expect people to choose satellite services as they do mobile services, directly linking average consumers to the vast network of satellites orbiting our planet. SpaceNews
• [New] 76% of U.S. consumers polled say they plan to spend as much or more on fashion in 2024 compared to 2023. WWD
• [New] Total telecom and pay-TV service revenue in Portugal, when valued in terms of local currency will grow at a CAGR of 0.4%, supported by steady growth in mobile data service revenue, pay-TV and in fixed broadband service revenue. Yahoo Finance
• [New] Consumers are increasingly using insurance-backed digital apps, with roughly 50% penetration for services like online appointment booking, self-diagnosis, and digital claim management and is expected to rise to 70% in the next two years. Bain
• [New] Copper futures lifted 0.6% as strong factory data from China and plans to cut production by smelters in the top consumer triggered buying. Proactiveinvestors UK
• [New] Mobile wallets are gradually gaining popularity in India and it is projected that the digital payment mode will cross traditional methods like cash and cards in the coming years. Business Today
• [New] Yoco's secure payment processing solutions will seamlessly integrate into Shopstar's platform, allowing business owners to accept a wide range of payment methods, including credit cards, debit cards, and mobile payments such as Apple Pay. IT News Africa | Business Technology, Telecoms and Star
• [New] As alternative payment methods are forecasted to rule the world of e-commerce, online retailers opt for a variety of ways to cater to the changing consumer tastes. techprimex
• Consumer Price Index CPI in the United States is expected to be 314.26 points by the end of this quarter. Trading Economics
• Kenya presents a strong potential for the growth of electric mobility, with a growing young and urban population, and a government's willingness to promote sustainable solutions. Logistafrica.com
• Data from GSMA Intelligence shows that 5G connections are expected to represent over half of mobile connections by 2029, rising to 56% by the end of the decade - making 5G the dominant connectivity technology. tele.net
• The new INR500 crore scheme to promote electric mobility in India will come into force from Monday and continue till the end of July. ETAuto.com
• The price on carbon, including consumer and industrial carbon pricing, is expected to account for roughly one-third of Canada's emissions reductions. CBC

Last updated: 11 April 2024