Saudi Arabia Food & Drink Report Q3 2014: New Research Report Available at Fast Market Research
We expect the positive momentum in private consumption to continue in the medium term, and forecast private consumption growth of 5.0% in 2014 (adding 1.5 percentage points to headline growth), from an average of 5.7% over 2008-2012. We maintain our medium-term bullish outlook on the retail and trade sector, with sales benefiting from rising disposable incomes, favourable demographics and increasing urbanisation.
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