Tough decisions today mean improved results tomorrow
- By Ella Karapetyan
TALLINN - According to Statistics Estonia, the cost of a typical consumer basket increased by 0.1 percent in December, though was 1.7 percent lower year-on-year. Global commodity markets underwent extensive price fluctuations last year. The economic downturn made many companies in Estonia change their price and wage formation principles. The prices from several monopoly services, on the other hand, have remained unchanged.The trade margin, i.e., mark-up of wholesalers, in Estonia declined by nearly 2 percentage points on average in the first three quarters of 2009, though this ...
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