Slovakia is a leader among European nations in terms of consumption and revenue growth, revealed the latest survey carried out by the company Nielsen and presented by consultant Jana Magicová on Tuesday. Inflation, unemployment, GDP and real wages growth create favourable conditions for consumers, she added. Slovak consumer spending in 2017 in retail trade increased 6.3% year on year, with the country earning the top ranking with the highest nominal growth in the European context when compared to 2016. Growth in dairy product consumption accounted for almost 19% of total expenditure for consumer goods.
Gavin Shoebridge, Photo: TASR
