New Market Study Published: Electronics and Appliance Specialist Retailers in Portugal
Electronics and appliances specialist retailers registered negative growth in 2011 as value sales declined by 2%. As the economic crisis continues to have a highly negative effect on consumer purchasing power, many electronics and electrical appliances purchases were deferred, which had a particularly negative effect on the performances of independent players. In addition, the rise in VAT from 21% to 23% which was levied in Portugal during 2011 negatively affected all electronics and appliance...
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