The Russian cosmetic market is increasing in consistent rate between 10-12% for the past Five years and is also expected to continue growing exact same pace inside the coming years. The total global market to get cosmetic industry is 463 BN US $ and Russia eats 2 . seven percent of the market at an approximated 16. your five BN ALL OF US $, and it is in the top 4 countries in European countries.
1 ) GDP Every Capita
The GDP every capita in Russia continues to be rising within the past years nevertheless at a declining charge (24. 4%, 5. seven percent, and several. 6%). Therefore it reveals improvement inside the standard of living to get the russian population but the declining in rising percentage shows there exists some concerns. 2 . GDP Growth charge
The growth price is weak and might always be negative in the upcoming years. which is negative indicator in the Russian overall economy thus that shows is suffering and might get into economic depression forcing the Russian government to cut upon fiscal guidelines to avoid it. 3. Inflation
inflation is usually continuously rising at strike a high of 8. 29% which decrease consumer spending and adverse. Thus affect the negatively on the overall overall economy. Foreign Trade Balance
Russian federation trade excessive decreased to $12. 96 billion in September from $15. almost 8 billion in the earlier month. The reason was a drop in exports, due to stress with Ukraine. However Russia's trade stability will remain in large surplus as a result of the high amount of demand-inelastic items inside the country's export products. Fiscal & Monetary Guidelines
The ussr adopted financial rule within an increase in exchange flexibility price targeting the rise in inflation. In addition , an increased monetary policies framework is adopted. Even so the central financial institution decided to keep interest rate the same for the time being. Plus the government is aiming to use expansioray fiscal and monetary guidelines to boost the GDP however it my fail flop, miscarry, rebound, recoil, ricochet, spring back ad soars inflation. A decrease in oil price and a rise in US interest levels will effects negatively within the Russian overall economy since Russian federation depends a whole lot on its oil exports for its overall economy.
Brazil contains 10. 8% of the total cosmetic market. And the cosmetic growth price is growing for a good charge between 2012 grew for 6%, 2013 at 12. 5% and expected to increase a further 10% in 2014.
Total Market size
21. you BN ALL OF US $
twenty-three. 9 BN US dollar
25. 3 BN US $
1 . GDP Per Capita
GROSS DOMESTIC PRODUCT per household has been declining in the past three years in brazil which indicates that theit can be decline in household income and their living standard. That shows that brazil is a facing economic complications.
2 . Gross annual Growth price
The growth price is suffering progressively this year & 2011 even though it increased in 2013 it shows the brazil economy is definitely suffering. three or more. Inflation
Pumpiing is i implore you to stable in 2014 at an average of 6, up to 29 %. And so prices happen to be stable in 2014. The industry good would not affect much on client spending because the prices are stable. Overseas Trade
The trade equilibrium is still in deficit intended for October credited further contractions in foreign trade. Imports achieved at a slower tempo, thus excessive demand in the economy is displayed. Exports fallen because of large production expense for the local products thus lose competiveness for exportation. The control balance reported a deficit of $1. 2 billion, after unfavorable results of $ 0. 9 Billion in September and $ 0. 2 billion 12 months earlier. The region accumulated a deficit of $1. almost eight billion inside the first 12 months of the year. The domestic market continues to be triggered by monetary measures, although monetary coverage remains restricted. Fiscal & Monetary guidelines
Brazil employed expansionary financial policy, in which the central traditional bank increased funding costs by simply 50 basis points in January 2014 increasing the pace of interest to 10. five which led to further inflation. Thus damaged negatively for the economy. The fiscal insurance plan adopted by the government features deteriorated our economy where the community spending offers enlarged their particular deficit with no...
References: 1 . http://www.intercharm.ru
2 . http://data.worldbank.org/ç
Done by Yazeed Kaloti
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