NEWS
Consumers’ buying power, expectations
RIGA - Retail sales have continued to fall in Latvia as consumers become thriftier and their wild optimism of yesteryear simmers. The national statistics office announced on April 30 that retail sales in the first quarter dipped 1.1 percent year-on-year, while March sales were down 3.4 percent compared to the same month last year. Food stores saw their sales drop 4.8 percent from March to March. Analysts said Latvians are learning anew to spend money more prudently and select cheaper items. ...| The article you requested can be accessed only by subscribing to the online version of The Baltic Times. If you are already subscribed to The Baltic Times, please log on using the form on the top of the page. If you don't have a membership yet - please subscribe. |
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