Czech Republic Food & Drink Report Q4 2012 - New Market Report Now Available
The Czech consumer outlook continues to remain extremely challenging. Nonetheless, we hold to our forecast for the Czech Republic to avoid a full-year recession in 2012 and forecast economic growth of 0.1% before then recovering to 1.3% in 2013. A combination of fiscal austerity and uncertainty surrounding the future of the eurozone, to which the Czech Republic is heftily exposed, will continue to impact on household consumption.
View full press release