BMI View: Serbia's food and drink industry will recover modestly throughout 2016 on the back of slower
fiscal consolidation. We forecast private consumption real growth to return to positive territory throughout
2016, which bodes well for sales growth. Nevertheless, c ..."
Soft drinks positive trend was mainly driven by carbonates success due to more aggressive price promotions. Emerging natural trends and new consumer patterns are driving the growth of categories like packaged water and hot tea. All categori ..."
BMI View: We hold a positive outlook on Serbia's food and drink industry, our view is underpinned by a
stronger consumer profile. As disposable incomes rise on the back of slower paced fiscal consolidation, we
will see sales growth recovering across the board. However ..."
Emerging trends focusing on consumption of products perceived as healthy and natural provided positive growth for packaged water. Wines suffered drop in Q1-16 due to poor sales in the Horeca sector which have contributed to the negative gro ..."
BMI View: We expect to see a modest recovery in Serbia's food and drink industry over 2016. This
recovery will be initiated by the International Monetary Fund's decision to approve a modest increase in
wages and pensions, which will boost household spending in the com ..."
Almost all soft drinks categories managed edge forward in the Q4-15 with the only exceptions seen in juice, nectars and syrups. Very aggressive price promotions that lasted for a short period of time made premium brands in most of the soft drin ..."
Some of the key trends noted across Serbia 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 waters; fruit ..."
BMI View: Serbia's economic outlook for 2016-2017 is relatively bleak. Planned austerity measures, high
unemployment and tight credit markets will all weigh down economic growth, which we forecast to come in
at 1.0% for 2016 and 2.5% for 2017. Net exports will remain ..."
SummaryDespite lower public debt and the public finance consolidation that brought austerity measures and wage and pension cuts, GDP is still positive. High unemployment is directly linked to the much-needed expansion of foreign investments and is by far the b ..."
BMI View: A series of planned austerity measures and high unemployment will continue to weigh on
domestic demand in Serbia during 2015. The austerity measures entail reducing the size of the public sector
(which accounts for close to one-fifth of the workforce), toget ..."