New Report Available: Home Furnishings in Romania
After two years of decrease and one of rather timid growth, home furnishings rebounded in 2012, registering 6% growth at current prices, to reach RON4.1 billion, the majority of which was represented by home textiles, bedroom furniture and kitchen furniture. Hurt by low consumer purchasing power (as a result of the recession), a rudimentary banking system and high VAT rates, the home furnishings category experienced positive growth in 2011 and 2012 after two years of declines, along with the...
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