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Argentina Retail Report

Argentina Retail Report

BMI View: Due to high inflation and the depreciation of the peso, Argentina's economic activity and household consumption are expected to deteriorate markedly in 2016. From 2017 onwards, however, BMI believes that the Argentine retail market ...
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Australia Retail Report

Australia Retail Report

BMI View: The Australian retail sector looks set to remain robust , with significant investment in shopping centre development and high number of retailers planning to enter the market by the end of 2016. The reinstatement of ...
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Bahrain Retail Report

Bahrain Retail Report

BMI View: Public spending cuts, triggered by the plunge in global energy prices, are weighing on Bahrain's economic growth. Nonetheless, the country's non-oil sectors, such as tourism, construction or retail, are showing resilience ...
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BMI India Retail Report

BMI India Retail Report

BMI View: The government is playing a substantial role in India's retail sector in 2016. First, it has relaxed domestic sourcing requirements, then it allowed stores and malls to stay open 24/7 and now it is ...
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Brazil Retail Report

Brazil Retail Report

BMI View: Brazil is in the midst of the largest economic and political crisis in more than a decade. This is having an adverse impact on household incomes and consumer confidence. While a gradual recovery ...
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Bulgaria Retail Report

Bulgaria Retail Report

BMI View: Despite a relatively slow catch up with the rest of the EU, Bulgaria's economy is growing its appeal to foreign retailers. International discounters are strengthening their presence in a relatively price-sensitive country; ...
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Canada Retail Report

Canada Retail Report

BMI View: Stability will return to the Canadian economy and its retail sector in 2016. Household spending is set to stay flat as employment and wages begin to recover after adapting to the new situation in ...
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Chile Retail Report

Chile Retail Report

BMI View: Chile has a highly developed retail market, with some segments already saturated, particularly in urban areas. The country has long been known for a stable and welcoming business environment, and thus a number ...
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China Retail Report

China Retail Report

BMI View: We maintain our view that China will remain one of the most attractive retail markets in the Asia Pacific region, despite our forecast that total household spending growth will decelerate from 7.2% in 2015 to ...
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Colombia Retail Report

Colombia Retail Report

BMI View: While Colombia's economy possesses strong growth potential, headwinds are lingering throughout 2016 , resulting in lower commodity prices and a weak peso. This has dented consumer confidence and spending levels , which is in turn ...
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Croatia Retail Report

Croatia Retail Report

BMI View: Croatia is finally emerging from a six-year long recession ; however , we are expecting the recovery to remain slow and fragile. High levels of unemployment, particularly among the young population, will restrict income growth ...
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Czech Republic Retail Report

Czech Republic Retail Report

BMI View: The Czech retail sector rebounded in 2015, following several turbulent year. Consumers are once again willing to spend on essential and non-essential items , owing to healthier market conditions and rising consumer confidence. Unemployment levels ...
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Egypt Retail Report

Egypt Retail Report

BMI View: Egypt's growth in 2016 will remain sub-optimal, held back by the worsening slump in tourism, elevated unemployment levels and rising headline inflation. The country's ongoing subsidy reform in the energy sector and ...
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France Retail Report

France Retail Report

BMI View: French households are due to see a nice recovery in spending over 2016, as consumer confidence rises and concerns about the labour market ease. These improvements will be marginal but given the overall sluggish ...
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Germany Retail Report

Germany Retail Report

BMI View: A f avourable macroeconomic environment, characterised by robust economic growth, rising consumer confidence levels, improving labour market situation as well as attractive crediting conditions, bodes well for the country's large and well-developed ...
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Ghana Retail Report

Ghana Retail Report

BMI View: Ghana's retail market is still highly underdeveloped , thus offering a lot of untapped potential across the sector. However, the country's economic growth continues suffering from low global commodity prices and tight ...
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Hong Kong Retail Report

Hong Kong Retail Report

BMI View: Retail sales in Hong Kong have been declining for several quarters in a row , mostly on account of declining tourist arrivals from Mainland Chin a. Struggling residential real estate market and poor external ...
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Hungary Retail Report

Hungary Retail Report

BMI View: Hungary's economic growth is becoming more reliant on domestic demand, with retail sales performing strongly in recent months. Consumer optimism is being driven by falling unemployment, growing real wages and low inflation, ...
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Indonesia Retail Report

Indonesia Retail Report

BMI View: Despite the multiple headwinds that have faced Indonesia's economy in recent quarters, we believe that the stabilisation of the rupiah and the central bank's accommodative monetary policy stance should be positive ...
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Israel Retail Report

Israel Retail Report

BMI View: We hold our positive outlook for Israel's retail sector and forecast total household spending to grow by 4.6% in 2016. The recent VAT cuts and reduction of water and public transporta tion tariffs , combined ...
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