Czech Republic Food and Drink Report - Business Monitor International - Industry Reports

Czech Republic Food and Drink Report

Czech Republic Food and Drink Report - Business Monitor International - Industry Reports
Czech Republic Food and Drink Report
Published Aug 06, 2016
76 pages — Published Aug 06, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

Our Europe Country Risk team continues to forecast strong and well-balanced economic expansion over the coming quarters, having registered among the highest pace of real GDP growth in Europe of -.- in H---. Strengthening external demand has been the key driving force behind this economic expansion, due to the Czech Republic s high level of economic openness (exports represented -- of GDP in ----), and the sizeable share of export-oriented manufacturing in employment. ...Strengthening external demand has been the key driving force behind this economic expansion, due to the Czech Republic s high level of economic openness (exports represented -- of GDP in ----), and the sizeable share of export-oriented manufacturing in employment. As the chart below shows, real private consumption is expected to stay at above a rate of growth of - over the ---- forecast period, accelerating towards the end of the period - this will provide a solid outlook for companies operating in this reasonably mature Central European economy. Over the next year or so we hold a positive outlook for the Czech consumer, as real incomes are supported by strong nominal wage growth and job creation. ...According to the manufacturing purchasing managers index survey, employment in this sector has expanded -- consecutive months, while the pace of expansion in August slightly eased from previous months but remained strong. This points to a continuous tightening of labour market conditions, implying that the rebound in private spending has further to run.

...BMI View: The Czech Republic s food and drink industry will see robust growth on the back of rising disposable incomes. We expect the emergence of premiumisation across the board-as household incomes continue to grow, we expect demand for higher value products to rise. However, industry sales growth will be less pronounced due to a significant proportion of consumers that will remain price-conscious throughout this period. Food and Drink Spending (---------) Food, sales, CZKmn Non-alcoholic drinks, sales, CZKmn ---- ---- ---- ----f ----f ----f ----f ----f - ---,--- ---,--- ---,--- ---,--- ---,--- f = BMI forecast. Food and Drink Spending (---------) Food, sales, CZKmn Non-alcoholic drinks, sales, CZKmn ---- ---- ---- ----f ----f ----f ----f ----f - ---,--- ---,--- ---,--- ---,--- ---,--- f = BMI forecast. ...Food and Drink Spending (---------) Food, sales, CZKmn Non-alcoholic drinks, sales, CZKmn ---- ---- ---- ----f ----f ----f ----f ----f - ---,--- ---,--- ---,--- ---,--- ---,--- f = BMI forecast.

...All information contained in this publication is copyrighted in the name of Business Monitor International Ltd, and as such no part of this publication may be reproduced, repackaged, redistributed, resold in whole or in any part, or used in any form or by any means graphic, electronic or mechanical, including photocopying, recording, taping, or by information storage or retrieval, or by any other means, without the express written consent of the publisher. ...

...

  
Source:
Document ID
1749-2661
Country
Industry
Industry
Industry
Industry
Industry
Industry
Format:
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Czech Republic Food and Drink Report" Aug 06, 2016. Alacra Store. Dec 02, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Czech-Republic-Food-and-Drink-Report-2026-198>
  
APA:
Business Monitor International - Industry Reports. (2016). Czech Republic Food and Drink Report Aug 06, 2016. New York, NY: Alacra Store. Retrieved Dec 02, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Czech-Republic-Food-and-Drink-Report-2026-198>
  
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