Ireland Food & Drink Q4 2018
While economic growth in Ireland is expected to slow, it will still remain above the EU average. Food sales are forecast topeak in 2018, after which growth will gradually slow. The non-alcoholic drinks sector will be hit by the recent sugar tax, with sales ofboth soft drinks and carbonated drinks now forecast to slow. Alcoholic drinks, particularly wine, will be the outperformer over themedium term. However, a big risk would be an unfavourable or no deal with the UK regarding Brexit negotiations, as the UK is one ofIreland's largest trading partners.
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