World Risk Developments August 2022

In this month's edition of World Risk Developments, we review the following economic and political forces shaping the world:

• World—Easing supply problems and commodity prices could reduce high inflation pressures

• China—Property market downturn raises economic and financial risks

• Australia—Services exports rising gradually following border reopening

• Japan—Weaker yen and higher inflation hit consumers and businesses

• World—Russian gas cut would raise global energy prices, dent growth

• World—Another La Niña may further disrupt food output and lift prices

Cassandra Winzenried, Chief Economist

Cassandra.Winzenried@exportfinance.gov.au

Matthew Circosta, Senior Economist
Matthew.Circosta@exportfinance.gov.au 

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