Lewes, DE -- (SBWIRE) -- 09/12/2016 -- We maintain our positive outlook for Israel's retail sector and forecast total household spending to grow by 4.6% in 2016. Elevated domestic and regional security threats, while continuing to suppress tourism receipts, look unlikely to have any significant negative impact on our forecast strong growth in consumer spending. While the balance of household spending between essentials and non-essentials will have changed very little in 2016, strong growth in spending on non-essentials categories like restaurant & hotels indicates that consumer confidence remains high.

Key Views And Developments
- Total household spending is forecast to reach USD123.3bn in 2016, with housing & utilities spending being the fastest growing category in the essentials segment, increasing by 5.0% across the year.
- The forecast growth in disposable household incomes will lead to a marked improvement in total spending per household, which is expected to stand at USD50,796 by the end of 2016. Per capita spending is forecast to increase to USD15,051 across the same period.

For more information Visit at: http://www.marketresearchreports.com/business-monitor-international/israel-retail-report-q4-2016

After a difficult 2015, Thailand's economy is starting to recover, supported by large public spending on infrastructure projects and flourishing tourism sector. While political instability remains a constant risk, especially with the much revered King Bhumibol being in poor health, the retail sector has proven its resilience and ability to rebound strongly after political crises in the past. In the meantime, we do not expect major changes in household spending distribution among different product/service categories over the coming year, but we note that constantly rising incomes will enable consumers to afford highervalue purchases across the board.

Key Views & Developments
- According to Thailand's National and Economic Development Board, total value of wholesale, retail and repairs increased by 5.2% year-on-year (y-o-y) during the first half of 2016. During Q116, growth reached 5.4% (y-o-y), with this figure weakening slightly to 5.0% (y-o-y) in Q216.
- We forecast total household spending to increase by an annual average of 6.3% during the next five years. In absolute terms, the spending will rise from USD221.1bn in 2015 to USD300.2bn in 2020.

For more information Visit at: http://www.marketresearchreports.com/business-monitor-international/thailand-retail-report-q4-2016

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