Consumer spending in the emerging world finally looks to have turned a corner, thanks mainly to the bottoming-out of consumer recessions in Russia and Brazil. Spending in Central and Eastern Europe and Emerging Asia have continued to grow at a decent pace, but with the boost to real income growth from the fall in commodity prices now having largely run its course, spending in these regions looks set to ease.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.