New Market Study Published: Slovakia Food & Drink Report Q1 2013
While the short- to medium-term outlook for Slovakia remains poor due to elevated unemployment and unfavourable wider economic trends, our longer-term view is positive. Indeed, as household income in Slovakia steadily increases, we expect to see a concomitant rise in domestic consumption, which should support the country's food and drink market development. We expect Slovakia to gradually move away from an export-led model of growth to one driven primarily by private consumption. Indeed, as Bratislava increasingly integrates with the eurozone,...
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