CHART OF THE DAY: The World's Biggest Consumer Goods Company Shows That Growth In Developed Markets Is Tanking

button more charts
button chart prev
button chart next

Proctor and Gamble unexpectedly cut guidance this morning, sending shares down in pre-market trade.

In a statement, Procter said “the revisions to the Company’s fourth quarter outlook are primarily driven by slower than anticipated top-line growth from slower than expected market growth rates and market share softness in developed regions and negative impacts from foreign exchange rate changes.”

Translation: high unemployment coupled with slow-to-no GDP growth in developed markets are destroying the top line.

At a Deutsche Bank panel today, Procter plans to show this slide that sums it up pretty nicely.

chart of the day, growth of developed and developing markets, june 2012

Photo: Proctor & Gamble

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.