“Way too early” to talk of a US recovery

Bart Becht.pngConsumer giant Reckitt Benckiser sell major brands in 200 countries around the world. CEO Bart Becht’s views on the current state of the retail market are therefore very troubling:

“In Europe, the situation continues to be very, very weak. In North America, it also continues to be rather weak. It is marginally better than it was maybe a couple of months ago, but it is not good enough in order to call it that we have a recovery. It is way too early for that.”

About Paul Hodges

Paul Hodges is Chairman of International eChem, trusted commercial advisers to the global chemical industry. The aim of this blog is to share ideas about the influences that may shape the chemical industry over the next 12 – 18 months. It will try to look behind today’s headlines, to understand what may happen next in important issues such oil prices, economic growth and the environment. We may also have some fun, investigating a few of the more offbeat events that take place from time to time. Please do join me and share your thoughts. Between us, we will hopefully develop useful insights into the key factors that will drive the industry's future performance.

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