Economic freedom has worsened and corruption remains endemic, whilst governance is facing challenges from mass protests. Inflation has fallen markedly, but economic momentum is set to slow and foreign investors appear to be retreating. Alignment with the European Union (EU) is boosting incomes considerably, but the population is shrinking and rural dwellers are substantial in numbers. Mobile and internet use continues to grow, and 5G has been rolled out, but innovation faces some shortcomings.
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Slovenia enjoys considerable economic freedom and corruption is being tackled more effectively, whilst state finances remain sound. Inflation is on the rise and economic progress will be subdued in the short term, but joblessness is below peers. Population ageing is a major concern and treatment of the Roma is worsening, but the gender gap is relatively small. Internet and mobile use continue to increase, boosting e-commerce, and innovation has been prioritised, as have semiconductors.
Economic freedom continues to face hurdles, but corruption perceptions compare favourably with peers and regional tensions have subsided. Falling inflation has added to economic resilience, but import dependence is high and tariffs could hit exports. High fertility rates support spending on children, but the gender gap is huge and refugees are a drain on resources. E-commerce has yet to take off and there is persistent ICT skills shortages, but the mobile sector will maintain its growth path.
Although Latvia enjoys solid rankings for economic freedom and corruption, politics is polarised and the threat from Russia persists. Inflation has been rising and economic momentum is weak, but foreign investment is returning to the country. Incomes growth will be extremely strong, but a declining populace will lower the appeal of the consumer market. Robust internet use is a boon for e-commerce, whilst advanced technologies are a major strength, but rural digital infrastructure is lacking.
Womenswear in China was characterised by moderate growth of 2% in 2025, driven by a conservative economic climate and cautious consumer sentiment, with retail volumes also rising slowly. The category is concentrated, with leading brands like Uniqlo and Urban Revivo prominent, while digital-native challengers like Basement FG are gaining traction through aggressive low-price strategies. Retail e-commerce remains the primary driver of sales, with businesses needing to master omnichannel strategies
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