Romanians To Spend EUR500M On Luxury Goods By End Of 2014

10.13.2014 By Cristina Roşca

Romanian consumers will spend 2.2 billion lei (about EUR500 million) on luxury goods this year, mostly on clothing, shoes and fine drinks. The market has been flat over the last few years but will resume the fast growth pace it had before the crisis as consumer spending returns to growth, market research company Euromonitor says.

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Keywords:
luxury goods
, sales
, spending
, srdjan kovacevic