Report Published: "Mexico Food & Drink Report Q1 2014"
We are forecasting an acceleration in GDP growth in Mexico in 2014 to 3.5%, driven by an improvement in private consumption and investment in light of the government's ongoing reform drive and stronger US demand. Although the new tax on sugary drinks and the tax hike on junk food will have a negative impact on the food and drink sector in Mexico, we maintain a favourable outlook for the domestic consumer, and declining unemployment and rising disposable income will ensure...
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