"Venezuela Retail Report Q4 2015" Published

From: Fast Market Research, Inc.
Published: Tue Oct 20 2015


As a result of high inflation and a chronic shortage of basic goods in Venezuela the economic outlook remains unstable at the beginning of our period which has seen us forecast negative year-on-year growth rates of total household spending in 2015 and 2016. Moreover, the tough regulatory environment looks set to remain a barrier to entry for international investors within the retail sector until 2019. However, the burgeoning middle-class will stimulate growth in the sector which will see a more positive outlook for retailers by the end of our period.

Low oil prices, high inflation and a poor business environment will see Venezuela's recession stretch into its second year in 2015 and persist into 2016. Following the release of data suggesting that price growth has accelerated, real private consumption growth will be even more subdued than we previously anticipated, prompting us to downgrade our real GDP growth forecasts. We have downgraded our growth forecast from contractions of 3.6% in 2015 and 1.5% in 2016 to declines of 5.6% and 2.9% respectively. We forecast that growth will return to positive territory thereafter but remain low by historical standards. Consumer purchasing power and the government's credibility for macroeconomic governance will both continue to erode, weighing heavily on real GDP growth and household spending levels. This will constrain growth in the retail sector.

Full Report Details at
- http://www.fastmr.com/prod/1058454_venezuela_retail_report_q4.aspx?afid=301

The Venezuela Retail Report has been researched at source and features BMI Research's independent assessment and forecasts for the retail sector. The report examines key drivers of retail sales growth and future prospects, including consumer spending and private sector investment.

BMI's Venezuela Retail Report also examines the level of development and potential for growth of the retail sector, the commercial initiatives of major players, changing consumer demographics that influence demand and the regulatory environment. Key sub-sectors include mass grocery retail, autos, over-the-counter pharmaceuticals, computers and consumer electronics.

Key Benefits

* Benchmark BMI's independent retail industry forecasts for Venezuela to test other views - a key input for successful budgeting and strategic business planning in the Venezuelan retail market.
* Target business opportunities and risks in Venezuela through our reviews of latest industry trends, regulatory changes and major deals, projects and investments.

Coverage

BMI Industry View

Summary of BMI’s key forecasts and industry analysis, plus a discussion of major industry developments and a snapshot of key short-term demand-driving macroeconomic movements.

Industry SWOT Analysis

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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