Subscribe Login
DE4CC0DE-5FC3-4494-BCBF-4D50B00366B5
A-Brands

'Stable' Outlook For Consumer Products Amid Economic Uncertainty: Moody's

By Steve Wynne-Jones
Share this article

High economic uncertainty coupled with declining volumes means that the outlook for the global consumer products industry is 'stable', despite projected profit growth, a new report from Moody's Investors Service has stated.

Average profit growth in the consumer products sector is likely to come in at around 4% to 7% over the next 12 to 18 months, Moody's said, driven mostly by price increases.

It added that it would normally change the outlook to 'positive' if profit growth was over 4%, however the high degree of uncertainty continues to weigh on economic forecasts, 'which increases risk to our profit expectations and our general industry outlook', Moody's said.

PLEASE SUBSCRIBE OR SIGN IN TO CONTINUE READING

30 Day Free Trial

Try European Supermarket Magazine Premium

Enjoy full access to European Supermarket Magazine, our weekly
email news digest, access to all website and app content, and the latest digital
magazine for a full 30 days.

  • - Payment details required during trial sign up.
  • - You may cancel at any time up to the end of the 30-day trial period.
  • - If you continue after the trial perion, then the annual rate of €109+VAT will be debited.
Get the week's top grocery retail news

The most important stories from European grocery retail direct to your inbox every Thursday

Processing your request...

Thanks! please check your email to confirm your subscription.

By signing up you are agreeing to our terms & conditions and privacy policy. You can unsubscribe at any time.