New Market Study, "Croatia Food & Drink Report Q3 2014", Has Been Published
There are no immediate prospects for an improvement in the outlook for consumer spending in Croatia during 2014, with consumption set to be hindered by high unemployment, weak bank lending and low wage growth over the coming quarters. We forecast Croatia's economy to contract by 0.3% in 2014, with concomitant effects on the food, drink and mass grocery retail industry.
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