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Angola Retail Report

Angola Retail Report

BMI View: High inflation and the fall of the kwanza against the US dollar has hit consumer purchasing power, while the fall in the price of oil has dampened GDP growth considerably. However, the outlook ...
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Argentina Consumer & Retail Report

Argentina Consumer & Retail Report

BMI View: Argentina's consumer outlook will take the first steps towards a recovery in 2017 as it rebounds from years of decline . As inflationary pressures abate , we forecast real private consumption to acce lerate from ...
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Australia Consumer & Retail Report

Australia Consumer & Retail Report

BMI View: Owing to the dominance of high income households, Australia's consumer market remains considerably attractive over our five-year outlook. Growth in 2017 will slow on the back of weaker economic growth projections, while retail ...
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Bahrain Consumer & Retail Report

Bahrain Consumer & Retail Report

BMI View: 2016 was a difficult year for Bahraini consumers following the dual impact of subsidy cuts to fuel, food and housing utilities, combined with a frozen 15% public sector wage hike ; however, 2017 will see these challenges ...
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BMI India Retail Report

BMI India Retail Report

BMI View: Robust economic growth supported by muted inflation will benefit the consumer outlook over the 201 7 - 201 8 period, particularly for non-essential goods. Spending will also be fuelled by rising minimum wage and further access to ...
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Botswana Consumer & Retail Report

Botswana Consumer & Retail Report

BMI View: An uptick in e conomic activity will have a positive impact on consumer demand in Botswana, as regional tourism gradually recovers and the mining sector - a key source of employment - benefits ...
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Brazil Consumer & Retail Report

Brazil Consumer & Retail Report

BMI View: Brazil's economy is forecast to come out of recession in 2017 , which wil l provide some upside support to our outlook for the consumer . However, we expect the consumer story to remain weak ...
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Bulgaria Retail Report

Bulgaria Retail Report

BMI View : We maintain our positive outlook for the Bulgarian consumer on the back of a tightening labour market which will support household consumption. Although we forecast a rise in consumer price inflation, we do ...
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Canada Retail Report

Canada Retail Report

BMI View: We hold a conservative outlook f or the consumer in 2017, with private consumption set for modest growth and consumer confidence expected to remain stable despite the backdrop of a subdued Canadian economy.Consumer-facing ...
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Chile Consumer & Retail Report

Chile Consumer & Retail Report

BMI View: Stronger economic growth , slowing inflation and rebounding copper prices will provide greater stability to the Chilean consumer in 2017. However, private consumption growth will remain moderate over this period as attempts t o rebalance ...
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China Consumer & Retail Report

China Consumer & Retail Report

BMI View: We have extended our household spendi ng forecasts to 2021 in the Q2 17 update to the China Retail report. The market is expected to average some of the highest levels of spending in the ...
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Colombia Retail Report

Colombia Retail Report

BMI View: Rising commodity prices, slowing inflation and a long-awaited peace deal between the government and FARC will provide greater reassurance to the Colombian consumer in 2017. Private consumption growth will continue to outp erform the ...
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Croatia Consumer & Retail Report

Croatia Consumer & Retail Report

BMI View: We maintain our view on Croatia's strong consumer recovery over 2017 through to 2021. This is on the back of a positive economic outlook and improving labour market dynamics. Consumer sentiment will regain momentum ...
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Czech Republic Retail Report

Czech Republic Retail Report

BMI View: Consumer confidence remains high in the Czech consumer sector with retail sales comfortably exceeding their two year average growth rate in November 2016. We believe that spending will remain strong throughout 2017 on the bank ...
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Egypt Retail Report

Egypt Retail Report

BMI View: Our outlook for Egypt's consumer market remains muted over 2017. Elevated inflation as well as high levels of unemployment will continue to erode purchasing power, while wage growth remains marginal. We forecast real ...
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Ethiopia Retail Report

Ethiopia Retail Report

BMI View: We maintain a positive outlook for Ethiopia's retail market which will be supported by rising incomes; robust economic growth and increasing consumer engagement with the formal retail sector. We expect essential spending ...
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France Retail Report

France Retail Report

BMI View: We hold a cautious view for the consumer in France over 2017, as inflationary pressures and heightened political risk weigh on household spending decisions. While we forecast tourism numbers to recover slightly in 2017, the ...
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Gabon Consumer & Retail Report

Gabon Consumer & Retail Report

BMI View: The short-term outlook for household spending in Gabon is highly positive. Steady inflation, accelerating economic growth and a potential improvement in employment rates will boost capacity for household spending leading to a rise ...
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Germany Retail Report

Germany Retail Report

BMI View: Rising inflation over the first three quarters of 2017 will lead to an erosion of purchasing power over the course of the year, in-line with our view for private consumption to moderate from a ...
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Ghana Retail Report

Ghana Retail Report

BMI View: Ghana's consumer outlook will improve over 2017 on the back of an economic recovery and a peaceful transition of presidential power. We forecast acceleration in both real GDP growth and private consumption real ...
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