News » February, 2011 » 8 February 2011
80% of the 70 biggest consumer markets were on a decline in 2010
08.02.2011, 23:52 | Business | 915 views
The revival of consumption, the signal all managers in a sector worth over 21 billion euros per year are waiting for, seems an increasingly unlikely scenario, after a 2010 in which the decline in food, drinks and non-food sales amounted to as much as 14% in volume, with the year also seeing the first decline in value in six years (-4.2%), according to data of market research company MEMRB. The MEMRB study is the first conducted by a research company and released on the market this year, with the first official data on turnover in commerce being supplied a week ago by the National Statistics Institute, with the data pointing to a 5.3% decline last year against 2009. Read more on ZF.ro
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