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Июль
2023

Unilever sees Chinese consumer confidence at 'historical low point'

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Unilever, the maker of Dove soap and Ben & Jerry's ice cream, has reported that China's declining property market and exports have led to a historic low in its consumer sentiment, despite earlier predictions of a "consumption boom". Meanwhile, high unemployment and reduced demand for exports have increasingly shifted demand towards Southeast Asian markets. Nonetheless, Unilever's underlying sales growth rose by high single-digits, recovering in the second quarter with double-digit growth.



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