Now Available: Retailing in Slovakia
Retailing value sales grew by 3% in 2012, up from 1% growth in the previous year. This performance can be attributed to a rise in unit prices, which, according to the Slovak statistical office, rose by 4% in 2012. While consumer purchasing power remained weak, demand stagnated as consumers continued to focus on making savings due to increasing uncertainty created by rising unemployment and the mounting European debt crisis.
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