New Market Research Report: Croatia Food & Drink Report Q1 2014
A modest recovery in private consumption will be insufficient to drive a significant economic recovery in Croatia in 2014, with fiscal consolidation and weak investment spending set to weigh on headline growth. Although the recovering tourism sector will continue supporting the economy, we have pencilled in below-consensus real GDP growth of -0.4% in 2013 and 0.6% in 2014. While Croatia's economic recovery will remain sluggish in 2014, we believe that the economy will move out of recession this year, breaking...
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