Sri Lanka Infrastructure Q4 2019
Our medium-term outlook for food and drinks spending in the Sub-Saharan Africa (SSA) region is positive over our2019-2023 forecast period. The region benefits from a favourable demographic profile, rising disposable incomes and a growingurban population. We note that while disposable incomes are rising, they remain low which constrains spending to essentials.Staples in the bread, rice and cereals category will continue to dominate food spending followed by spending on fresh vegetables.Beer will dominate alcoholic drinks consumption, while hot drinks and soft drinks will experience strong growth in spending over ourforecast period.
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