Boston, MA -- (SBWIRE) -- 11/22/2013 -- The Venezuelan Retail Report examines how best to maximise returns in the Venezuelan retail market while minimising investment risk, and also explores the impact of the February 2013 devaluation of Venezuela's currency on the consumer, and on the ability of producers and exporters to realise returns in the short term.

The report also analyses the growth and risk management strategies being used by the leading players in the Venezuelan retail sector, as they seek to maximise the growth opportunities offered by the local market. Venezuelan per capita consumer spending is forecast to increase by 53% to 2017, compared with a regional growth average of 32%. Venezuela comes fifth (out of seven) in BMI's Latin American Retail risk/reward ratings.

Among all retail categories, consumer electronics will be one of the strongest performers through to 2017 in growth terms, with sales forecast to increase from US$3.60bn in 2013 to US$5.02bn by 2017, a rise of 39.4%.Over the last quarter, BMI has revised the following forecasts/views:

View Full Report Details and Table of Contents

We have made substantial downward revisions to our real GDP growth outlook on Venezuela, following the release of below-expectations Q113 data, which suggest that near-recessionary conditions will prevail in the economy this year. We now forecast real GDP growth to come in at 1.0% in 2013, down from our previous 2.6% estimate, and 2.1% in 2014, compared with 2.8% expected previously.While we had already expected a substantial slowdown in household spending growth this year, there are signs that suggest real private consumption growth will be even weaker than we originally anticipated, prompting us to adjust our forecast.

About Fast Market Research
Fast Market Research is an online aggregator and 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 will 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.

Browse all Retailing research reports at Fast Market Research

You may also be interested in these related reports:

- Poland Retail Report Q4 2013
- Russia Retail Report Q4 2013
- Singapore Retail Report Q4 2013
- Hungary Retail Report Q4 2013
- Turkey Retail Report Q4 2013
- Romania Retail Report Q4 2013
- Bulgaria Retail Report Q4 2013
- Croatia Retail Report Q4 2013
- Czech Republic Retail Report Q4 2013
- Indonesia Retail Report Q4 2013