EFTA Document EFTA01459564

2 Our Consumption Assumption Shop `tit You Drop America (and the World!) Solid Global Confidence 90 83 - 70 - 03 - Mar-04 Nov-05 Jul-07 Mar-09 Nov-10 Jul-12 Mar-14 Nov-15 Global Consumer Confidence Global consumer confidence has continued to improve and is hovering at pre-crisis highs. In addition, the Chinese consumer is becoming a bigger contributor to growth. From 2009 to 2030, the Chinese middle class is expected to grow from 11% to 72% of the total population. Better U.