Bulgaria Food & Drink Report Q1 2014: New Research Report Available at Fast Market Research
Political instability in Bulgaria will continue to stifle private consumption and investment, weighing on headline growth through 2014. Despite government expenditure and a positive contribution from net exports propping up economic activity, real GDP growth will reach just 0.5% and 1.5% in 2013 and 2014 respectively. We expect a slow rebound in household consumption, with growth to reach just 1.0% in 2014; this will have subsequent implications for food and drink spending.
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