New Market Research Report: Mexico Food & Drink Report Q2 2014
While we maintain a strong conviction that economic activity in Mexico will pick up significantly this year, the recovery could be more muted than we initially anticipated. Although the recently introduced tax on sugary drinks and the tax hike on junk food may 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 a robust expansion in the sector over...
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