Report Published: "Slovenia Food & Drink Report Q2 2013"
We view the current year as being fraught with challenges for the Slovenian consumer, with the recent political turmoil adding to the uncertainty. Real GDP contracted by 2.9% year-on-year (y-o-y) in Q312, putting the economy back into a serious recession. Significantly, household consumption fell 2.5% y-o-y, all but halting the trend of premiumisation. At the same time, the unemployment rate remains severely elevated - at around 12%, the figure is almost double the rate seen back in late 2008. In...
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