In 2022, retail trade in Moldova fell by 1.8% or 92.2 million lei. Consumption declined due to a significant increase in prices and a decrease in real incomes of citizens. The population bought fewer goods, but paid more for them - by 23%. Such data was presented by the Ministry of Economy in its monthly report on socio-economic evolution.
Top 10 most expensive products for the year:
Electricity +168.7%
Gas +77.1%
Transport +63.4%
Eggs +59.1%
Vegetables +56.1%
Sugar +55.7%
Fruit +48.8%
Fuel +35.9%
Bread +30.3%
https://www.kp.md/online/news/5178947/
I'm sorry to hear about the challenging situation with your business due to the economic downturn in Moldova. It's tough when prices rise, and incomes decline, making it harder for businesses to thrive. In such times, it's crucial to adapt and explore new opportunities.
One way to potentially mitigate the impact is by staying updated with the trends. I found a helpful resource on
SEO trends that might provide insights into improving your online presence and reaching more customers. By leveraging SEO effectively, you could attract a broader audience and potentially boost your business even in difficult times.
In tough economic times, it’s wise to boost your business’s online presence. One way to do this is through SEO, especially techniques that help your website get noticed and clicked on more in search results. CTR manipulation, which is all about increasing the clicks your site gets from search results, can really help improve your website's visibility and ranking. Basically, this method could lead to more people engaging with your site and potentially more sales, which is crucial when times are hard. If you want to dive deeper into this strategy, you might want to check out some useful tips at
https://www.searchseo.io/ctr-manipulation
European leaders have been busy digging grave for their own countries in the last two years or so!
