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Savings in Q4 of 2021 were heavily impacted by the ongoing effects of hyper-inflation across major worldwide economies, but overall savings remained positive.
2021 saw extreme market conditions and a world slowly emerging from pandemic lockdowns in H2, where global GDP, as well as inflation, began to rise as again.
Despite the many unknowns that had to be incorporated into negotiations, eAuctions by Scanmarket in Q1 of 2023 reported a significant increase in average savings.
Echoing the impressive savings figure of the previous quarter, Q2 2023 presented a staggering 11.32% in average savings, moving just slightly higher than that of Q1’s 11.31%.
