2014-01-09 06:20:03 - Bulgaria Retail Report Q1 2014 - a new market research report on companiesandmarkets.com
We forecast only modest growth in Bulgarian household spending to 2018. Although Bulgaria´s fairly immature retail market provides plenty of room for ´catch up´ growth, a lacklustre macroeconomic growth outlook and - more pertinently - serious demographic weakness impede a more positive growth forecast.
While rising household incomes will help grow the market for non-essential retail items over our current forecast period and beyond, low existing spending levels, uninspiring growth prospects by emerging market standards and a weak investment climate all contribute to Bulgaria´s last place ranking in The Retail Risk/ Reward Ratings for the emerging Europe region.
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