Mexico's Femsa sees small dip in Q2 sales volume-CEO
CHALCO, Mexico, May 13 (Reuters) - Mexican brewer and bottler Femsa expects a slight dip in sales volume in the second quarter, Chief Executive Jose Antonio Fernandez said on Wednesday, as the economy tumbles and low consumer confidence weighs.
"We're going to have a small dip, but we're trying to compensate for that with other products," he told Reuters during the inauguration of a new distribution center in Chalco, a working class municipality in the central State of Mexico. (Reporting by Cyntia Barrera Diaz, editing by Dave Zimmerman)
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Global economy in holding pattern - IMF
The global economy is in a holding pattern and vulnerable to more upheaval, the head of the IMF said, adding a lasting recovery will depend on policymakers taking the proper steps in the coming months. Full Article
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