NEWS
Retail sales fall further
TALLINN - Rising prices drove down June retail sales at Estonian stores by 7 percent compared to one year ago, with shoppers shelling out 4.8 billion kroons (307 million euros) on purchases. Analysts consider that retailers have room to lower prices, but it is still early in the slumping economic cycle to expect such a move to turn around sluggish markets and re-ignite growth. Hansabank Markets analyst Annika Paabut said that the drop in retail sales met forecasts as contracting domestic d ...| 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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