2014-04-24 09:31:02 - Ireland Food and Drink Report Q3 2013 - a new market research report on companiesandmarkets.com
We reiterate our gloomy outlook for the Irish economy in 2013 and 2014. Subdued private consumption, stagnating external demand and the government´s fiscal austerity drive are likely to prevent a robust economic recovery over the next few quarters. This will continue to have negative implications for consumer spending on food and drink.
Headline Industry Data (local currency)
- 2013 per capita food consumption +0.5%; five-year forecast to 2017 +5.6%
- 2013 alcoholic drink sales +1.5%; forecast to 2017 +10.5%
- 2013 soft drink sales +1.6%; forecast to 2017 +12.2%
- 2013 mass grocery retail sales +3.8%; forecast to 2017 +21.2%
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