MGR Forecasts Revised

BMI has revised its mass grocery retail (MGR) forecast methodology for the UAE to take into account household expenditure data (notably the proportion of income spent on food and drink) compiled by the Ministry of Economy in association with a number of Federal Government entities. Having recently introduced headline food consumption forecast data for the UAE in our recently published UAE Food & Drink Report for Q210, our new MGR forecasts more accurately reflect both food consumption and organised retail's proportional contribution to grocery retail

To read the full article, please take a trial.