Russia: Between recovery and uncertainty
|2017 has been a year of economic recovery for Russia. After being hit by a 2 year long recession, the Russian economy is back in growth; consistently growing above +2% for GDP year-on-year for the past 6 consecutive quarters. This has led to new foreign investments.|
|Growth peaked at +2.5% for Q2 2017 and is expected to grow steadily, potentially reaching around 4% by 2030.
This trend could lead to new opportunities for growth for FMCG companies, however it will be a long road.
|Improvement in health but plenty of issues remain|
|Within the food categories, the largest increase is observed in Grocery, Sweets and snacks|
|Global players playing the local field|
|Opportunities for the 2018 World Cup|
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The Europanel Thought Leadership Team