Just Published: "Czech Republic Retail Report Q1 2016"

Retailing in the Czech Republic has experienced a robust recovery over 2015, with greater spending allowing retail sales growth to accelerate. We attribute these improvements to healthier market conditions and higher confidence among Czech households. Stronger economic growth will help lower unemployment and raise household incomes. Despite this, the retail market is relatively matured and this will limit the expansion opportunities of many retailers while major players will be investigating merger and acquisition opportunities.

The Czech Republic's economy has managed to maintain the fastest growth in the region. With 2016's projected real GDP growth rate of 4.0%, it is set to lead the economic union of 28 countries. This represents a marginal slowdown from 2015's 4.2% however also follows a contraction in 2012-2013 and a modest 1.9% expansion in 2014 and is a sign of a strong and consistent recovery. Improving economic indicators, such as falling unemployment, are helping boost retail sales. Sales growth (excluding automobile purchases), accelerated in September 2015, with an increase of 5.1% y-o-y. We expect sales figures to continue to climb as Czech households accumulate more savings and are increasingly able to make more non-essential purchases bringing growth to clothing and household goods sub-sectors.

Full Report Details at
- http://www.fastmr.com/prod/1109834_czech_republic_retail_report.aspx?afid=301

The Czech Republic 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 Czech Republic 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 Czech Republic to test other views - a key input for successful budgeting and strategic business planning in the Czech retail market.
* Target business opportunities and risks in Czech Republic 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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