New Market Study, "Peru Food & Drink Report 2014", Has Been Published
We expect headline growth in Peru to remain slightly lower than the previous five-year period. The slowdown in the Chinese economy will hinder the expansion of the country's mining sector, which accounts for around 10% of the Peruvian GDP. A weakening currency and ticking up inflation will weigh on consumer spending over the short term, affecting all consumer sectors, including food and drink. Nevertheless, we maintain a positive longer-term view of Peru's food and drink sector, which will see strong...
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