Eyewear in Russia - New Market Study Published
The local economy started its recovery in 2010, although it did not regain the peak growth achieved during the period of rapid economic development in 2003-2008, when real GDP growth fluctuated at around 6-8%. In 2010 GDP achieved 4% growth. The most important trend was positive growth in retail trade turnover, which represents one of the largest elements of Russian GDP. This saw 6% growth in 2011, after a decline of 5% in 2009, according to statistics from the Central...
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