New Market Report: Retailing in Croatia
2014 marks the third year in a row where current value retail sales ex VAT show positive growth. The only difference compared to 2012 and 2013 is that the inflation rate is now much lower, and has at one point in 2014 turned into deflation, driven by price movements after Croatia joined the EU in July 2013. This means that results in current value terms mean an even better performance in constant value terms, after the inflation/deflation has been counted...
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