Geopolitical unrest, increasing competition, unstable raw material markets, and wage growth will have a significant impact on the sector as a whole, according to traders, who are projecting moderate growth for the next year.
The major retailers, some of which have already confirmed their budgets for the next year, while others are in the midst of preparing these important forecast guidelines, when interviewed by VŽ (“Business News”), mainly emphasise the risks and challenges that the new financial period may bring. This is partly due to the turbulent and unpredictable times that have become the norm, which, so to speak, started with the pandemic period that shocked businesses and was followed by equally threatening changes in the geopolitical environment.
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