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CHICAGO – Global market research firm Euromonitor International’s quarterly industry forecast statement for Q3 2016 shows the impact of recent political events to the global economy and fast-moving consumer goods (FMCG) industries.
From Brexit’s impact on the UK and EU to the upcoming US presidential election, political uncertainty continues to challenge and influence the global economic outlook.
Within FMCG industries, Q3 forecast growth revisions point to marginal sales downgrades. In the short-term, several emerging markets will see a protracted recovery; however, growth will return over 2016-2020.
“FMCG companies must shift focus to markets with healthier growth opportunities such as India and Indonesia,” Kotryna Tamoseviciene, macro analytics manager at Euromonitor, said. “Value-added consumer goods such as premium lager and skin care appear to offer more secure revenues, for now.”
Key findings for Q3
To learn more, register for the “Introduction to Euromonitor Quarterly Global FMCG Industry Forecasts” webinar on Wednesday, 19 October.