Market Report, "Slovenia Retail Report Q2 2015", published

The Slovenian retail market is set to post a slow but stable growth rate over the forecast period amidst the public reforms and high market maturity. The decline of euro against dollar will make non-EU imports less competitive, however, the European retail chains and consumer goods producers will benefit from a mature and increasingly sophisticated Slovenian retail market. Total household spending will rise by 1.3% in euro terms in 2015 and will accelerate slowly to reach almost USD30bn in 2019 as the country and euro zone will be exiting a prolonged recession.

The retailers in Slovenia have been benefiting from the improving economic climate recently. After the country faced three parliamentary elections in 2013-2014, more stability and optimism is visible among the Slovenians. Consumer confidence has been rebounding consistently over 2014 rising from -31 to -19 in twelve months, the highest year-end figure since 2007 and BMI expects that consumer expectations will spur the growth of the retail sector, as well as the overall economy. The government is playing a key role in the development of the retail sector as the country has to respond to the demands and fulfil its obligations to the European Union, including budget balancing and the tax system. The retailers, however, are not likely to see any profound fiscal changes in the near future: the proposed soft drinks tax which would have raised the prices by at least 10% was abandoned in December 2014 and will not be reconsidered. Moreover, Zdravko Po?ivalšek, the new government's minister of economy, has promised that he would fight any new proposals of taxes making the business environment more predictable and suitable for domestic and foreign investors.

Full Report Details at
- http://www.fastmr.com/prod/951969_slovenia_retail_report_q2_2015.aspx?afid=301

Belonging to the European Union and the euro zone has undoubtedly influenced Slovenian retail in recent years. The country has been struggling economically along with the whole union since 2010, however, signs of recovery are already visible....

The Slovenia Retail Report has been researched at source and features Business Monitor International (BMI)'s independent assessment and forecasts for the retail sector. The report examines key drivers of retail sales growth and future prospects, including consumer spending and private sector investment.

BMI's Slovenia Retail Report also examines the level of development and potential for growth of the retail sector, the commercial initiatives of major players, changing consumer demographics that influence demand and the regulatory environment. Key sub-sectors include mass grocery retail, autos, over-the-counter pharmaceuticals, computers and consumer electronics.

Key Benefits

* Benchmark BMI's independent retail industry forecasts for Slovenia to test other views - a key input for successful budgeting and strategic business planning in the Slovenian retail market.

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

You may also be interested in these related reports:

- Hungary Retail Report Q2 2015
- Singapore Retail Report Q2 2015
- Hong Kong Retail Report Q2 2015
- BMI India Retail Report Q2 2015
- Bulgaria Retail Report Q1 2015