BMI View: We hold a bleak outlook for Venezuela's food and drink industry throughout our forecast
period, on the back of severe basic good shortages and high inflation. Consumption patterns in the country
will largely be dictated by availability and, as a result, we e ..."
BMI View: Venezuela's food, drink and mass grocery retail sectors will contract in real terms over 2016.
Our outlook is underpinned by the country's weak economy which we forecast to contract by 6.2% in 2016 -
together with high inflation and a weak consumer profile. ..."
BMI View: We hold a dim outlook for Venezuela's food, drink and mass grocery retail sectors, which are
set to contract in real terms over 2016. Our outlook is underpinned by the country's bleak economy, which
is set to experience a contraction of 6.2% over 2016, as we ..."
BMI View: The business environment for foreign Food & Drink companies operating in Venezuela will
continue to worsen as shortages are blamed on 'hoarding' and attempts to 'sabotage' the economy. This has
already led to closures of plants and arrests of senior managers ..."
BMI View: In view of the substantial headwinds facing the Venezuelan economy, we have downgraded our
real GDP forecasts for the country for 2015 and 2016, seeing contractions of 5.6% and 2.9% respectively.
The economy's outlook will continue to be dimmed by poor macro ..."