[Markets] Moody'S Predict Stable Outlook For Beverage Industry

In its latest industry report, Moody's sees a stable outlook for the global beverage industry. Analysts wrote that the industry faces a stable outlook mainly due to the producers' resiliency in the economic downturn. The report said that: "Beverage producers have exhibited the resiliency amidst the economic downturn that Moody's would expect from an industry characterised by repeat purchases of relatively inexpensive goods." Adding: "Although weakness emerged in some regions and some products, the super premium products are to stay relatively solid and that cost cuts and price increases will sustain cashflow."