Global - June 2009

Posted Jun 22, 2009

Global consumer spending appears to be on the rebound, driven by sales gains in China, India, the U.S. and Canada in April, another indication that the global economy may be stabilizing as consumer attitudes and confidence turn up. For the first time in four months, since the creation of the Nielsen Economic Current (NEC) scorecard of consumer behavior, a monthly report from The Nielsen Company, none of 10 major GDP countries showed declines in consumer activity compared to the previous month.
“Although consumers are still not shopping as frequently, we are …

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Posted Jun 19, 2009

In a poll that surveyed more than 25,000 people worldwide, Nielsen found that New Zealanders were among those getting most bored of media coverage regarding the global recession, with more than a quarter of Kiwis polled saying that there was too much coverage.
Although 40 percent said that the media did a poor job of informing them of the issues that led to the crisis, 52 percent say that the media is now helping them to better understand the issues at play while 23 percent said that they were let down …

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Posted Jun 18, 2009

While Chinese consumers may be cutting back in some areas as a result of the economic downturn, one area that is not taking a hit is travel.  According to the latest China Outbound Travel Monitor from Nielsen, 85 percent of Chinese travelers said that they “definitely” or “probably” will travel outside the country at some point over the next 12 months.
“Even under current financial pressures, the Nielsen China Outbound Travel Monitor shows that the Chinese travel market continues to boom and is likely to grow further.  The interest lies not …

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Posted Jun 17, 2009

UK grocery sales grew 5.1 percent in the 12 week period ended May 16th, largely due to the record number of products on promotion according to new research from Nielsen.  Morrisons continued the solid performance it has been exhibiting over the last few months with sales growth of 7.9 percent over the same period a year ago, while Asda and Sainsbury also posted gains of 7.4 percent and 7.3 percent, respectively.
“With a record of 32 percent of all sales being goods on offer in the four weeks to May 2009, …

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Posted Jun 16, 2009

Wireless companies were the leading choice of employer for Egyptians, with Vodafone taking the top spot, according to a landmark survey by Nielsen.  The Nielsen Ideal Employer Survey, the first of its kind in Egypt, was based on more than 700 face-to-face interviews.  Coming in second place was the Orascom Group of Companies, a conglomerate comprised of construction, hotel, technology and wireless operations.  Mobinil and Etisalat, also mobile companies took third and fourth place, with the Commercial International Bank rounding out the top five.
The most attractive functions identified by survey …

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Posted Jun 15, 2009

Almost half of consumers around the world say that the recession is changing how they buy non-prescription medications. Some (12%) say that they will use less of them, while others are switching to natural and traditional remedies.  According to a major new study from Nielsen, how consumers self-medicate and choose non-prescription medications varies widely by region.  For example, more than half of Europeans tend to look to their pharmacist for advice on which products to use, while only 13 percent of Americans do the same.
Most consumers said that they would …

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Posted Jun 11, 2009

Australians, like many consumers around the world, are cutting back personal spending by shopping less often and switching to less expensive and private label brands.  But one area where they refuse to compromise is their drink: sales of premium brands of beer, spirits and bottled wine all showed strong volume sales performance in the first quarter of 2009.
Imported and domestic premium beers posted growth of 15.3 and 18.6 percent, respectively, over the same period last year, while sales of premium spirits rose 21.3 percent.  Cheaper beer and spirit segments also …

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Posted Jun 10, 2009

For 25 years, Nielsen has organized what has become one of the most important business events in Italy.  The focus of L’Incontro Nielsen 2009, which was held late last month in Sardinia, was the economic crisis and possible solutions for recovery.
Jeremy Rifkin, president of the Foundation on Economic Trends and an advisor to several heads of state, opened the event by outlining his views of the crises facing the world today: economic, energy and climate. The solution, Rifkin believes, is a third industrial revolution propelled by a hydrogen economy. …

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Posted Jun 9, 2009

Consumers around the world are changing the way they spend their money given the difficult and uncertain economic conditions.  In Singapore, one way people are adjusting is by eating at home more frequently, according to new research from Nielsen.  The result: the average Singapore home is spending more on fresh food, groceries and household items than in recent years, creating opportunities for retailers and manufacturers who know how to effectively leverage this new behavior.
The average household has increased overall spending in these categories by 14 percent, with fresh food spend …

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Posted Jun 8, 2009

First signs of how consumers will behave post recession.
Restraint will be the new mantra among consumers, according to the Nielsen Global Consumer Confidence Survey. But, that doesn’t mean they won’t start spending again in the near future.
Respondents to the poll conducted in April, across 50 countries making up 86 percent of the GDP, said they would continue to focus on fiscal responsibility. Yet, “they will allow themselves some of those little indulgences,” said James Russo, vice president, Global Consumer Insights. “Perhaps pent up demand will play itself out and they’ll …

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