New Market Report: Saudi Arabia Food & Drink Report Q1 2014
We retain a bullish view on Saudi Arabia's private consumption outlook and forecast growth of 6.0% in 2013 (revised up from 5.0%) and 5.0% in 2014. As we have noted in the past, the outlook for the retail sector is set to remain bright over the medium term, with sales benefiting from rising disposable incomes, favourable demographics and increasing urbanisation.
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