Staff Reporters
Dec 21, 2012

WARC's latest GMI report presents mixed outlook

ASIA-PACIFIC - WARC's latest GMI (Global Marketing Index) reflects a generally improving outlook among marketers globally and in Asia-Pacific, although pessimism about marketing budgets remains.

Marketing budgets
Marketing budgets "generally declining"

WARC's "headline" GMI, which aggregates monthly responses from a global panel of marketers regarding trends in marketing budgets, trading conditions and staffing levels, recorded a reading of 52.5 in December, up from 50.1 in November. (In the GMI report, anything above 50 is "generally improving", while anything below is "generally declining".)

The headline GMI for Asia-Pacific increased to 51.5 from 51.2 in November. The Americas remains the most bouyant region, with a 56.8 reading in December exceeding November's 53.2. Europe remains below the neutral line at 49.7 in December, compared with 48.2 in November.

Turning to the individual components that make up the "headline" number, Asia-Pacific marketers feel generally positive about trading conditions (55.6) and staffing levels (51.0), but generally negative about marketing budgets (48)—although the latter number is an improvement over November's 46.8.

 

Source:
Campaign Asia

Related Articles

Just Published

6 hours ago

Tech On Me: Are Chinese tech giants doing enough to ...

In this week's edition: Chinese social media platforms take on xenophobia, Australia looks to prevent teens from using social media, Meta's plans to introduce generative AI into the metaverse, among other tech news in the region.

6 hours ago

Samsung’s new global campaign taps travel bug to ...

The work by BBH Singapore shows how new AI features in the Galaxy S24 like 'circle to search' turn travel photos into mobile tools.

7 hours ago

Agency Report Cards 2023: We grade 31 APAC networks

Campaign Asia-Pacific presents its 21st annual evaluation of APAC agency networks based on their 2023 business performance, innovation, creative output, awards, action on DEI and sustainability, and leadership.

7 hours ago

Agency Report Card 2023: Wavemaker

With a sharp ascent to the top spot in Campaign’s Media rankings for 2023, Wavemaker had a solid year of performance even amidst an uncertain economic landscape.