Italy Food & Drink Report Q2 2013 - New Market Research Report
Consumer confidence will continue to be very sluggish in Italy, as the economy is forecast to contract once again in 2013. We estimate that the Italian economy contracted by 2.4% in 2012 and forecast that it will contract again by 1.3% in 2013. The Italian economy continues to face severe demand and structural weakness, with the country's large public debt load and weak domestic demand leaving the economy vulnerable to external shocks. We forecast private consumption to contract by 1.4%...
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