Belarus Food & Drink Report Q2 2018
Private consumption in Belarus will pick up in the coming few years, on the back of lower inflation and improvingborrowing conditions. This will be reflected in the food and drink industry, which will see the sales growth accelerating across theboard in 2018 and 2019. However, the impending export ban on dairy products to Russia - ostensibly due to food safety reasons -could negatively affect the Belarusian food industry in the near term. Growth prospects over the medium term are clouded too by apoor economic outlook, a lack of structural reforms and a difficult operating environment for foreign companies.
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