1 Accenture Survey of 3,200 C Suite executives across Geographies and Industries; data collection, 10th December 2021- 21st January 2022
2 US Bureau of Labor Statistics, UK Office of National Statistics, Eurostat; data surveys as of June 2022
3 Business and economic impact of the war in Ukraine, Accenture (2022)
4 Accenture Research analysis on data retrieved May 2022 from S&P Capital IQ and SNL Financial databases
5 Make the leap, take the lead: Tech strategies for innovation and growth, Accenture (2021)
6 Accenture Survey of 3,200 C Suite executives across Geographies and Industries; data collection, 10th December 2021- 21st January 2022
7 The European double up: A twin strategy that will strengthen competitiveness, Accenture (2021)
8 "2021/22 Grain Trade in Flux Amid Russia-Ukraine Conflict,” US Department of Agriculture Foreign Agricultural Service (2022).
9 Accenture Research based on profit margins simulation model. The model accounts for first, second and third round impacts of energy price increases. To model first and second round impacts, we embedded a detailed view of the structure and outlook of the energy market into Input-Output tables coming from OECD. The detailed view of the structure and outlook of the energy market was developed in consultation with energy industry experts. To model third round effects, we consider two channels a) impact on demand and b) impact on wages. For a) we assume that demand for each industry will follow industry GDP growth which we source from Oxford Economics’ industry data bank (data retrieved April 26th). For b) we assume that wage inflation equals consumer price inflation after first and second round impacts, and that it loops though the supply chain. Employee compensation importance for each industry is from OECD Input-Output tables. Finally, ability to pass-through cost pressure to prices was calibrated combining GTAP demand substitution elasticities with industry expert views. We simulated high and low energy price scenarios consistent with ongoing impact and protracted impact scenarios in Energy price scenario $110-150/Bbl for oil, $157-194/MWh for natural gas, $155-188/tn for coal.
10 The benefits of supply chain visibility, Accenture (2022)
11 Inflation and Economic Uncertainty, Accenture (2021)