According to the latest data released by the Spanish National Institute for Statistics, the average pay in the country increased only by 0.2% in 2016 from prior year to reach 23,156.34 euros.
Among the largest fashion markets worldwide, the Asian giant is where families spare the most, with a rate of 37% of their total income, while the British are the only ones who spend more than the income they receive.
Next Sunday, the South American country will vote with the illusion of giving an important spur to its economic and social history.
The country has a gross domestic product (GDP) much higher than its Southeast Asia neighbours and an economy focused on industry and services. The tourism boom draws new opportunities for the expansion of fashion operators in the Thai market.
News on the latest macroeconomic indicators related to the textile- and fashion industry worldwide.