Market Report, "Greece Food & Drink Report Q1 2013", Published
Despite some signs that the pace of economic contraction in Greece could finally start to ease, the depression is far from coming to an end. Latest figures show that industrial production, in particular, has been a heavy casualty of fiscal cut backs, dwindling investment and depressed consumer demand. Unsurprisingly, the retail sector is also still struggling, with retail sales contracting by 9.2% year-on-year (y-o-y) in May 2012, even though this marked an improvement on previous months. While this may suggest...
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