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Slovakia Food and Drink Report Q2 2014

 

Naperville, IL -- (SBWIRE) -- 04/24/2014 -- Reportstack, provider of premium market research reports announces the addition of Slovakia Food and Drink Report Q2 2014 market report to its offering
Though household consumption has recovered slightly over recent quarters, we remain fairly cautious in
relation to Slovakia's near-term discretionary spending in the food and drink sector. We forecast
unemployment to fall to 12.5% in 2014, the first time the rate has fallen below 14% since 2010. We expect
the recovery in household spending to gain traction, and hold our forecast for private consumption
growth in 2014 at 2.0%. This implies a significant 1 percentage point contribution to headline growth,
which has relied solely on external demand since the economic crisis hit. We forecast this increase in
private consumption to translate to a 3.1% increase in total food consumption through 2014.
Headline Industry Data (local currency)
? 2014 per capita food consumption growth = +3.05% year-on-year (y-o-y); forecast compound annual
growth rate (CAGR) to 2018 = +3.73%
? 2014 alcoholic drinks sales growth = +2.53% y-o-y; forecast CAGR to 2018 = +5.06%
? 2014 soft drinks sales growth = +2.01% y-o-y; forecast CAGR to 2018 = +3.54%
? 2014 mass grocery retail growth = +3.14% y-o-y; forecast CAGR to 2018 = +4.89%

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http://www.reportstack.com/product/153183/slovakia-food-and-drink-report-q2-2014.html
Contact:
Roger Campbell
contactus@reportstack.com
Naperville
Illinois
United States
Ph: 888-789-6604
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