purchasing power

The hike of pensions, salaries in education and health systems, average income, as well as reducing VAT on food led to an increase in purchasing power and of the population’s confidence, a GfK Romania survey notes on Monday. These were…

Zurich, Geneva, and New York City have the highest prices, over 2.5 times higher than those in Bucharest, Sofia, and Kiev, with the lowest, reads an UBS CIO WM extensive study on prices and earnings covering 71 cities. The price level…

Romanians are optimistic about the economic growth and wages, but the standard of living remains very low, incomes allowing only ensuring daily needs, so that major acquisitions remain almost impossible for most people, according to…

The positive evolution of wages and lower inflation rate, compared to the previous year, led to increased purchasing power. These trends have a noticeable impact in business also, according to GfK Pulse research study which analyzes the…