Chinese consumers are shifting their pattern of spending to discretionary items. They are spending less on housing and food, but more on travel and entertainment compared to other emerging markets. Observing monthly spending by category, the CSRI analysts find that Chinese consumers are spending...
Read More »“Most of the financial institutions left the region. We stayed.”
As a child, he left communist-era Prague for capitalist Jakarta and lived through the massive effects of the Asian crisis. Helman Sitohang has worked for Credit Suisse for nearly 20 years. As CEO for the Asia Pacific region, he knows that his customers attach great importance to loyalty. Manuel...
Read More »India Ranks First in the Emerging Consumer Survey
The Credit Suisse Research Institute published its seventh Emerging Consumer Survey, the annual report on consumer trends in emerging markets. Key themes are e-commerce, aware consumerism, and the growing popularity of domestic brands. The top three of this year's Emerging Consumer Survey are...
Read More »Emerging Consumer Spending: Short-Term Pain, Long-Term Growth
Consumers in emerging economies can be forgiven for having a less than rosy outlook these days. Currency weakness, market volatility, and in some countries, political risk, drove declines in consumer sentiment throughout much of the developing world in 2015, according to the Credit Suisse Research Institute’s 2016 Emerging Consumer Survey. In the long-term, however, consumption in the emerging world is still a growth story – one driven by an emerging middle class and optimistic young...
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