Retailing in Slovakia - New Market Report
Value sales in Slovakia continued to grow in 2013 in current terms, and even to slightly outperform the result in 2012. Grocery retailers had a difficult year in 2013 as overall growth was driven by an increase in the average unit price of grocery products in current terms. Consumer purchasing powers remained weak throughout 2013 due to increased taxation on certain types of employment contracts. High unemployment also continued playing a role, negatively impacting consumer willingness to spend...
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