Mozambique Consumer & Retail Q2 2019
Consumer demand will be strong over the medium term owing to easing inflationary pressures which are supportingpurchasing power. The positive economic outlook will result in higher business and consumer confidence over the short-to-medium term. We note that drought conditions pose a risk to food prices and the incomes of a large segment of the population thatdepends on agriculture for their livelihoods, resulting in subdued consumer spending.
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