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 ..."
Higher household spending supported by the real wage growth pushed soft drink sales up. Consumer demand is still very price sensitive and people are likely to focus on special discounts and price offerings of the branded products. Growing e ..."
Improved economy coupled with the high summer temperature boosted the consumption of beer and recorded 1% growth with increasing domestic demand. Continuous shifting towards drinking of super premium and strong beer has increased the demand of ..."
The market for baby food in the Czech Republic achieved value growth of 17.3% between 2009 and 2015. Sales rose particularly quickly in 2014 and 2015, stimulated by a higher numbers of births, an improving economy, and the reduction of the VAT ..."
Despite the weather in Q1-16 being a bit warmer than average, it did not produce significant consumption growth as it was matched by similarly warm weather in Q1-15. Rising consumer and manufacturer confidence in the economic outlook was a ..."
BMI View: We hold a positive outlook for the Czech Republic's food and drink industry, on the back of a
stronger consumer profile and the emergence of premiumisation across the board. As the economy remains
robust and a tight labour market continues to put upward pres ..."
Retail sales grew moderately as people shopped for consumer goods rather than drinks. Fear of unemployment is still one of the main factors keeping consumer spending low. Healthy growth in tourism resulted in increased restaurant sales where co ..."
BMI View: Our Europe Country Risk team continues to forecast strong and well-balanced economic
expansion over the coming quarters. Real private consumption is expected to stay at above a rate of growth
of 2% over the 2020 forecast period - this will provide a solid ou ..."
Some of the key trends noted across Czech Republic include: consumers starting to watch their sugar intake especially in western markets where low calorie variants are taking share, or consumers moving towards packaged water and flavoured water ..."
SummaryExtremely hot weather and a recovering economy were behind growth of well over 1% for all commercial beverages in Quarter 3. Although the unemployment rate is relatively low in the Czech Republic compared to many other European countries, fear of unempl ..."