Slovenia Retail Report Q1 2016 - New Study Released

The Slovenian retail sector will benefit from the economic growth projected for the forecast period. As the country exits a period of weak economic performance, unemployment will start decreasing more rapidly and household incomes will continue to grow benefitting the retailers in Slovenia. The country's saturated market will enjoy growing sales, however, further entries and expansions are unlikely.

After performing weakly in 2011-2013, the Slovenian economy posted a full year of solid growth in 2014. The country's real GDP expanded by 2.6% providing consumers and businesses with more optimism and certainty about future expansion. Households lagged to translate their confidence into spending as they raised their expenditure by 0.6% in euro terms last year. Despite that, the main retailers, such as Mercator and Spar, managed to increase their revenues. They can be even more optimistic this year as a more robust recovery is projected to take place in 2015 with the growth of household spending doubling. Unemployment continues to decline consistently and businesses are becoming increasingly more willing to raise wages for their workers. Both of these trends will translate into higher household incomes - 0.8% forecast rise this year. Expenditures will rise at a faster rate indicating rebounding optimism and willingness to consume.

Full Report Details at
- http://www.fastmr.com/prod/1062451_slovenia_retail_report_q1.aspx?afid=301

The Slovenia Retail Report has been researched at source and features BMI Research'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.
* Target business opportunities and risks in Slovenia through our reviews of latest industry trends, regulatory changes and major deals, projects and investments.

Coverage

BMI Industry View

Summary of BMI’s key forecasts and industry analysis, plus a discussion of major industry developments and a snapshot of key short-term demand-driving macroeconomic movements.

Industry SWOT Analysis

Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the retail sector and within the broader political, economic and business environment.

BMI Industry Forecasts

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