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Expectations around the economic outlook are also less positive, with three-quarters of the world’s population predicting that prices in their country will increase faster than incomes. This sentiment runs highest in Russia, at 88% of those surveyed, while in China and Saudi Arabia less than half of respondents feel that way, and only around a third take that view in Japan.
Just over a third of those surveyed expect major stock markets to crash in the year ahead, down from 40% in last year’s survey.
But there could be better times ahead for city businesses, as more than two-thirds of those polled think a return to office-based working will see urban centres make a more permanent return to business as usual. However, less than a third think people in their country will be more tolerant of each other.
Just over a third of those surveyed expect major stock markets to crash in the year ahead, down from 40% in last year’s survey.
But there could be better times ahead for city businesses, as more than two-thirds of those polled think a return to office-based working will see urban centres make a more permanent return to business as usual. However, less than a third think people in their country will be more tolerant of each other.