New Market Study, "Retailing in Estonia", Has Been Published
Estonian retailing continued its rapid improvement in 2012 similarly to the previous year. Although an increase is projected for the following years, the growth rates will stabilise. Rapid improvement in value sales in 2011 and 2012 was mainly caused by the overall price increases, but also recovery from the financial crisis. This in turn fuelled the confidence of Estonians by creating jobs and improving their disposable incomes. Hence, consumers were able to spend more. In 2012, Estonian...
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