Kerry Group upbeat on Latin America amid signs of recovery
The taste and nutrition group’s chief executive for the region said the outlook was good, particularly for the food sector
Emerging markets in Latin America are beginning to show signs of economic recovery from the Covid-19 pandemic, according to Kerry Group, the global taste and nutrition company.
Kerry, which opened a new taste manufacturing facility in Mexico last week, said economies in South America, including Brazil which had been badly affected by the pandemic, were likely to post GDP growth of up to an average of 5 per cent this year.
“Most economies in this region...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
Ryanair reports loss of €273 million yet anticipates ‘strong recovery’
Michael O’Leary says he has ‘never seen in 30 years the amount of growth potential’ at the airline
Gold dealer owes ‘almost €450,000 to Irish creditors’
Irish Gold and Silver Bullion was liquidated in June, but the director has yet to comply with court orders to furnish a statement of affairs