New Market Research Report: Saudi Arabia Food & Drink Report Q4 2013
Our outlook for the Saudi consumer remains bullish, with an uptick in private consumption and a regionally enviable demographic profile continuing to spur growth. Although a contraction in the oil sector has affected real GDP growth, the consumer continues to be buoyed by gains made in the non-hydrocarbon sector as well as by high governmental expenditure. We forecast private consumption to grow by 6.0% in 2013, revised up from 5.0% previously, and expect the retail sector to remain bright over...
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