Europe

Germans spend more than €7 billion on their pets in 2024

April 18, 2025

People in Germany spent more than €7 billion ($7.9 billion) on pet supplies last year, the German Pet Trade and Industry Association (ZZF) and the Pet Supplies Industry Association (IVH) [..]

Europe

Consumers in Germany remain cautious with spending, study shows

January 29, 2025

Private consumption in Germany had a bumpy start to the new year, according to the latest consumer survey by the German market research groups GfK and NIM. Economic and income [..]

Estonia

Estonian cbank: Slowing inflation helping boost people’s purchasing power

July 8, 2024

Commenting on the latest consumer price statistics, Bank of Estonia economist Rasmus Kattai noted that slowing inflation and wage growth are helping to increase people’s purchasing power. “In June, Estonia’s [..]

Estonia

Estonian merchant: Fewer home appliances bought due to difficult economic situation

February 19, 2024

The challenging economic environment has affected the purchase of home appliances and electronics as fewer purchases are being made, but when they are, they tend to be more expensive and [..]

Estonia

LHV expert: Rising deposit rates have led Estonian residents to cut consumption

January 5, 2024

Heido Vitsur, expert at LHV, said in his comments on retail data for November that the rise in interest rates on term deposits in banks to to 4-4.5 percent has [..]