Belarus Food and Drink Report - Business Monitor International - Industry Reports

Belarus Food and Drink Report

Belarus Food and Drink Report - Business Monitor International - Industry Reports
Belarus Food and Drink Report
Published Sep 24, 2016
72 pages — Published Sep 24, 2016
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Abstract:

The Belarusian economy is closely tied to the Russian economy and economic contractions in Russia have historically prompted similar downturns in Belarus. This correlation will persist in --------- and will be the primary cause of the ---- recession. ...H- ---- wage data is particularly discouraging for the Belarusian economy. Real wages contracted -.- y- o-y over the first six months in ----, as a lack of fiscal space has prevented the government from keeping nominal wage growth above consumer price inflation in the public sector. CPI averaged --.- in H- ----, and we see it reaching -- by year-end now that centrally administered price controls, implemented after the January ---- BYR devaluation, have been lifted (see Inflation To Rise, But Not Runaway , May -- ----). ...Real wages contracted -.- y- o-y over the first six months in ----, as a lack of fiscal space has prevented the government from keeping nominal wage growth above consumer price inflation in the public sector. CPI averaged --.- in H- ----, and we see it reaching -- by year-end now that centrally administered price controls, implemented after the January ---- BYR devaluation, have been lifted (see Inflation To Rise, But Not Runaway , May -- ----).

...BMI View: Belarus s food and drink sector will experience modest growth over our forecast period. Weak consumer purchasing power and a tepid economic growth will constrain consumer spending throughout our forecast period. ...On the other hand, the alcohol sector will remain resilient- experiencing robust growth in spending and consumption up to ----. Food and Drink Spending (---------) Food, sales, BYRmn Non-alcoholic drinks, sales, BYRmn ---- ---- ---- ----f ----f ----f ----f ----f - ---,---,--- ---,---,--- ---,---,--- ---,---,--- e/f = BMI estimate/forecast. On the other hand, the alcohol sector will remain resilient- experiencing robust growth in spending and consumption up to ----. ...Food and Drink Spending (---------) Food, sales, BYRmn Non-alcoholic drinks, sales, BYRmn ---- ---- ---- ----f ----f ----f ----f ----f - ---,---,--- ---,---,--- ---,---,--- ---,---,--- e/f = BMI estimate/forecast.

...The food industry benefits from a fairly strong domestic agricultural sector, which allows companies to source a number of inputs locally. The quality of locally produced goods continues to grow, along with investment into technology upgrades. ...

  
Source:
Document ID
1758-4663
Country
Industry
Industry
Industry
Industry
Industry
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Belarus Food and Drink Report" Sep 24, 2016. Alacra Store. Dec 02, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Belarus-Food-and-Drink-Report-2026-3013>
  
APA:
Business Monitor International - Industry Reports. (2016). Belarus Food and Drink Report Sep 24, 2016. New York, NY: Alacra Store. Retrieved Dec 02, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Belarus-Food-and-Drink-Report-2026-3013>
  
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