As the employment outlook remains sombre, private consumption growth in Japan is expected to continue towane. Weak domestic demand can be expected to weigh on the country''s growth into 2013 given thatprivate consumption accounts for around 60% of Japan''s GDP. Longer term, the contracting growthopportunities in Japan''s food, drink and retail sectors mean that overseas expansion will continue to be astrategic priority for local players such as Aeon and Ajinmoto.Headline Industry Data (local currency)? 2013 per capita food consumption = +0.2%; compound annual growth rate (CAGR) to 2017 = +0.4%? 2013 alcoholic drinks value sales = +0.3%; CAGR growth forecast to 20...
No comments:
Post a Comment