If you got a question, look no further.
We post the most common questions
in our FAQ section.
Please fill in the form below to receive a Free Sample of the 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 is expected to start in 2017, a
weak labour market, elevated inflation and reduced access to consumer credit
will continue weighing on the country's retail sector over the near term. As
such, we expect consumer spending to remain concentrated on essential goods and
services, with the preferences geared towards lower-range product categories
across the board.
Key Views & Developments
-In USD terms, headline household spending is forecast to decline by 23.7% in
2016, negatively affected by the depreciation of Brazilian real against the US
dollar as well as the protracted economic recession in the country. In local
currency, terms total household spending is expected to register 5.3% growth
during 2016. We forecast total household spending to rebound during 2017-2020,
expanding by an annual average 8.3% in USD terms.
-We expect transport and food & non-alcoholic drinks to remain the two largest
spending categories, accounting for 20.1% and 17.4% of the total expenditure
respectively in 2020.