Recent Study: Saudi Arabia Food & Drink Report Q3 2013
Our outlook on Saudi Arabia's consumer sector remains very positive, as the economy will continue to perform very well, boosted by strong performance in the non-hydrocarbons sector. We expect Saudi Arabia to remain on a solid growth plan through 2013 despite the ongoing turbulence in the global economy, as the non-oil sector continues to expand on the back of booming household expenditure. We project private consumption to grow by 5.0% in 2013 and 2014, contributing approximately 2.7 pp to headline...
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