Emerging middle class delays major purchases; lots of catchup left
(Business New Europe – bne.eu – Ben Aris in Moscow – February 27, 2014) [Charts here http://www.bne.eu/storyf5775/Emerging_middle_class_delays_major _purchases_lots_of_catchup_left] Winds of uncertainty are blowing again and many in emerging markets have put off big-ticket purchases as a result. However, a survey from Credit Suisse released in February found some of these markets have progressed and diverged to such an extent that […]
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