The global pet care market is foretold to improve in the forthcoming years as matched to the preceding years and will showcase better sales in various market segments. It is estimated that the global pet care market will grow at a CAGR o…
BMI View: Strong wage growth, rising consumer confidence and an improving labour market in Bulgaria
will translate into an expansion of 6.7% in vehicle sales in 2016.
? Vehicle sales will grow 6.7% in 2016.
? Improving consumer confidence, strong wage growth and a tightening labour market will help fuel
growth in the passenger car segment.
? Low levels of inflation will free up disposable income, while record low interest rates will translate to
lower borrowing costs for households and business and bolster auto loan growth.
? Transport infrastructure projects will continue to benefit the commercial vehicle segment.