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Ukraine Food and Drink Report Q1 2014

Ukraine Food and Drink Market: New market analysis released

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2014-02-10 00:33:01 - Ukraine Food and Drink Report Q1 2014 - a new market research report on

During 2013 we downgraded our outlook for real GDP growth in Ukraine for the year, and 2014, and expect GDP to grow by just 1.0% in 2014. We maintain our expectations for growing external account imbalances to drive a devaluation of the hryvnia by the end of the year. Our expectations are for a significant slowdown in private consumption growth in 2013 and 2014, to 3.8% and 1.9% from 13.5% in 2012, as weaker external demand drives higher unemployment and the boost from elevated pre-election social transfers fades.

Headline Industry Data (local currency)

- 2014 per capita food consumption = +7.0%; five-year compound annual growth rate (CAGR) forecast to 2017 = +7.9%

- 2014 alcoholic drinks value sales = +7.5%; five-year CAGR forecast



to 2017 = +8.2%

- 2014 soft drinks value sales = +7.7%; five-year CAGR forecast to 2017 = +8.5%

- 2014 mass grocery retail = +8.4%; five-year CAGR forecast to 2017 = +9.4%

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Mike King
Phone: London: +44 (0) 203 086 8600

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