Euromonitor reveals brexit projections
Market research company Euromonitor International has released new analysis on the potential impact of brexit on industries and consumers.
It projects that sales of alcoholic drinks would be hit by a disorderly brexit scenario, with wine being one of the most affected categories. While the impact of the brexit would be particularly disruptive for the UK, western Europe will not escape the tremors and aftershocks, says Euromonitor.
In packaged food, it predicts the most affected categories will be ready meals, sweet and savoury snacks, breakfast cereals, biscuits and snack bars, as they would be the first to be hurt by lower consumer income and slightly higher retail prices.