Price: $ 1295
The Slovakian consumer continues to battle rising unemployment (an in particular long-term unemployment) and low wage growth. Domestic demand will stagnate throughout the remainder of the year, especially given the external environment weakness that is weighing down exports. We expect private consumption to be a negative contributor Slovakia's economic growth in 2013, which would mark its fourth successive year of this trend. Headline Industry Data (local currency) ? 2013 per capita food consumption growth = +2.26% year-on-year (y-o-y); forecast compound annual growth rate (CAGR) to 2017 = +3.45% ? 2013 alcoholic drinks sales growth = +2.54% y-o-y; forecast CAGR to 2017 = +4.54% ...
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