Interest rate hikes, global inflationary pressures may impact demand: JLR ...Middle East

Hike in interest rates by central banks globally is expected to enhance financing costs for consumers and could impact future demand, Jaguar Land Rover said in a report. The UK-based marquee brand, which aims to be a full stack battery electric player in the next two years, also pointed out that high rate of inflation exacerbated by the Ukraine conflict, elevated energy prices and post Covid supply disruption as other negative factors. "Increasing interest rates in 2022 (including the UK, USand Europe) will flow through into financing costs for consumers and could impact future demand," the automaker said in its Interim Report for the third quarter. The company is working to offset inflation

Hence then, the article about interest rate hikes global inflationary pressures may impact demand jlr was published today ( Sunday 05/02/2023 - 09:53 PM ) and is available on Business Standard ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Interest rate hikes, global inflationary pressures may impact demand: JLR )

Also on site :

• Coda and Unity to enable out-of-app monetization for game developers globally
• MOVA Unveils 'the M∞VA Universe' at Silicon Valley Launch, Positioning as a Global Premium AI Smart Living Leader
• MOVA Launches Cleaning Solutions in Silicon Valley: Finding Answers for Premium Cleaning Through Pragmatic Innovation