Diverging Consumer Incomes Likely To Present Issues For European Retailers: Moody's
A new report by Moody's has found that diverging consumer income trends in different European markets are likely to have credit implications for European retailers, particularly those with a broad portfolio of stores in a number of European markets.
Moody's said that currently, income inequality remains 'broadly stable' in the EU as a whole.
However, while the income among Eastern European consumers increases, incomes are stagnating or even declining in many western and Southern European countries.
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