Thursday, 7 November 2013

Greece Food and Drink Report Q1 2014

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Greece Food and Drink Report Q1 2014
Nov 6th 2013, 00:00

Price: $ 1295  

BMI View: Greece has been battered by the eurozone sovereign debt crisis, enduring five years of economic contraction. The economic sentiment indicator published by the European Commission has surged in recent months, having languished near record lows in 2012. Even with the most recent data showing a slight deterioration, the sentiment indicator is still at levels not seen since 2008. This development has been mirrored across the board. Therefore, the outlook for consumer spending is now marginally better than it was a few months ago. Headline Industry Data (local currency) ? 2013 per capita food consumption = -3.8%; forecast compound annual growth rate (CAGR) 2013-2017 = +0.8%. ? 2013 alcoholic drink value sales = -2.3%; forecast CAGR 2013-2017 = -0.3%. ? 2013 soft drink value ...

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