Vacuum Cleaners in Greece - New Report Available
Unsurprisingly, the steep economic recession is the key reason behind the negative performance of vacuum cleaners too. Booming unemployment rates, wage and pension cuts and rising taxation have literally squeezed the Greek market, with consumers being obliged to make cuts on everything. In this context, volume and value sales of vacuum cleaners decline by 21% and 28%, respectively, in 2012, as consumers keep their old products as long as possible, and avoid making replacement purchases unless...
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