New Market Report: Pakistan Food & Drink Report Q3 2013
Our near-term domestic demand outlook for Pakistan is looking bright, as declining costs of credit and disinflationary pressure are likely to prove supportive of domestic demand, as is the expanding economy. Indeed, the Pakistani economy appears to be on track to record its highest annual real GDP growth rate since FY2006/07 (July-June). However, faster development of the food and drink market will remain precluded by the lacking modern organised retailing network, as foreign direct investment in this area remains muted.
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