Cuba Pharmaceuticals & Healthcare Q1 2019
Positive consumer outlook - amid a tightening labour market, rapidly rising wages and subdued inflation - will support ahealthy and steady growth in Croatia's food and drink industry during our forecast period to 2022. However, the growth will bedistributed unevenly: we expect cereals, baked goods and meat to outperform in the food sector, while dairy and bread sales willremain modest. Similar trends are expected in the drinks sector where non-alcoholic drinks, particularly mineral water andcarbonated soft drinks, will enjoy strong sales growth, while alcoholic drinks will face multiple headwinds.
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