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BMI View: The UK economic recovery is steadily gaining momentum following several quarters of anaemic growth. Stabilisation in the eurozone and an improvement in private sector confidence will pave the way for a recovery in global demand and international trade, which will bolster the UK economy in 2013 and have spillover effects on the country's food and drink industry. Headline Industry Data (local currency) ? 2013 per capita food consumption growth = +1.3%; five-year forecast to 2017 = +14.7%. ? 2013 alcoholic drinks value sales growth = +1.1%; five-year forecast to 2017 = +9.2%. ? 2013 soft drinks value sales growth = +3.4%; five-year forecast to 2017 = +18.9%. ? 2013 mass grocery retail sales growth = +1.6%; five-year forecast to 2017 = +11.2%. ...
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