2014-02-10 00:19:03 - Slovenia Food and Drink Report Q1 2014 - a new market research report on companiesandmarkets.com
While consumer confidence seems to have improved slightly in recent months, we do not envisage a major positive shift in private spending in 2013 and into 2014. Elevated unemployment levels and wage cuts will continue to weigh down discretionary spending, with prices of certain goods rising following the mid-2013 implementation of higher value-added tax (VAT) rates.
Headline Industry Data (local currency)
- 2013 per capita food consumption value: -0.04% year-on-year (y-o-y); forecast compound annual growth rate (CAGR) to 2017: +0.57%.
- 2013 alcoholic drinks sales value: +0.91% y-o-y; forecast CAGR to 2017: +2.49%.
- 2013 soft drinks sales value: +0.46% y-o-y; forecast CAGR to 2017: +2.23%.
- 2013 mass grocery retail sales: +0.01% y-o-y; forecast CAGR to 2017: +1.16%.
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