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Aiste is a Research Consultant at Euromonitor International, based in the company's Vilnius office. She conducts global market research and analysis, and offers key client support.
Aiste's remit includes consideration and assessment of the digital landscape, gross and disposable income, GDP and its components, possession rates, poverty, amongst others. Aiste is skilled in global market research and analysis, report writing, communication with clients, optimisation of client needs and the provision, interpretation and understanding of data.
The Gulf Cooperation Council's (GCC) strong economic base, high urbanisation and strategic investments in non-oil sectors have positioned the region as a key player in global economic trends. With a GDP surpassing USD2 trillion in 2023 and continued growth driven by rising employment, particularly among women, the region is set to see increased consumer spending and a booming retail sector, especially in e-commerce.
An improving supply outlook and muted demand have eased pressures in the commodity markets. In 2024, weaker manufacturing activity in key markets is set to limit price growth for energy and metals, while robust crop forecasts should curb agrifood price increases.
The global economy has witnessed a sustained period of resilient growth as it enters the second half of 2024, driven by falling inflation and better-than-expected employment and private consumption. Short-term growth prospects, however, will be undermined by a still-high interest rate environment, while a potential cooling down of the labour market and growing political uncertainty would affect global business and consumer confidence.