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Mexico Impact Of Covid-19 On Mexican Consumer Spending Patterns Will Drive Demand For Discount And Wholesale MGR

机译:墨西哥Covid-19对墨西哥消费者支出模式的影响将推动对折扣和批发MGR的需求

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1. Mexico’s consumer outlook will contract significantly in 2020 due to the impact of Covid-19, with real household spending projected to decline by -6.1% for the year, a revision down on the 2.0% y-o-y growth we forecast for 2020 in the pre-Covid-19 environment. 2. The food and drink sector is projected to remain somewhat shielded from the overall downturn in spending, with consumers focusing their spending on priority purchases (food, non-alcoholic drinks products and health) and reducing their spending within other segments. Within the food and drink sector we expect the economic reality of the global impact of Covid-19, will filter down to consumers. 3. We believe that the main consumer spending shift within the food and drink segment, will be consumers trading down price points. In this environment it is the MGR discount and wholesale format that we expect to record gains and will be where MGR players will focus their investment. Mexico’s consumer outlook will contract significantly in 2020 due to the impact of Covid-19, with real household spending projected to decline by 6.1% for the year, a revision down on the 2.0% y-o-y growth we forecast for 2020 in the pre-Covid-19 environment. The food and drink sector is projected to remain somewhat shielded from the overall downturn in spending, with consumers focusing their spending on priority purchases (food, non-alcoholic drinks products and health) and reducing their spending within other segments. In 2020, we forecast consumer spending within the food & non-alcoholic drink sector to expand by 6.7% y-o-y, this is an upward revision from the 5.9% y-o-y we previously forecast for 2020, pre-Covid-19, and marks an improving outlook on the growth estimated for 2019 of 4.5% y-o-y.
机译:1.由于Covid-19的影响,墨西哥的消费者前景将在2020年大幅收缩,预计实际家庭支出将下降-6.1%,较我们之前预测的2020年的2.0%下降。 -Covid-19环境。 2.预计食品和饮料行业在总体支出下降中仍会受到一定程度的保护,消费者将其支出重点放在优先购买(食品,非酒精饮料产品和保健品)上,并减少其他领域的支出。在食品和饮料行业,我们预计Covid-19的全球影响所带来的经济现实将逐渐渗透到消费者身上。 3.我们认为,食品和饮料领域的主要消费者支出转移将是消费者降低价格点。在这种环境下,我们期望MGR折扣和批发形式会取得收益,这将是MGR参与者集中投资的地方。受Covid-19的影响,墨西哥的消费者前景将在2020年大幅收缩,预计实际家庭支出将下降6.1%,较我们在Covid之前的2020年预测的2.0%同比下降进行了下调。 19个环境。预计食品和饮料行业在总体支出下降中仍会受到一定程度的保护,消费者将其支出重点放在优先购买(食品,非酒精饮料产品和保健品)上,并减少其他领域的支出。 2020年,我们预测食品和非酒精饮料行业的消费者支出将同比增长6.7%,较Covid-19之前的2020年预测的5.9%有所上升。预计2019年同比增长4.5%。

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