Home / Knowledge / News / Retail sales growth fall in June
Retail sales growth fall in June
04
Jul '08
The value of the retail trade confidence indicator slightly decreased (minus 2) in relation to May, what is mostly a result of negative evaluations of the expected business situation.

48% of respondents (weighted by volume of turnovers) consider the current business situationto be favourable and 45% of respondents to be normal to the season. The balance (after seasonal adjustment of data) rose 2 p. p. compared to the previous month.

Respondents of enterprises employing fewer than 10 people and 100 people and more mostly assessed the current business situation positively, by regions - mostly respondent of the region of Banská Bystrica. The balance of the stock did not change compared with May, 88% of respondents (weighted by turnover) consider it to be normal and 3% to be insufficient.

Respondents increase the requirements on suppliers - the total business balance is up 14 p. p. in relation to May. Mostly respondents of the sector of sale of food, beverages, tobacco and respondents of other retail trade indicate a rise. Relatively the highest percentage of respondents, who will decrease the requirement on suppliers, is from the sector of large multiple shops.

Respondents are more cautious in the assessment of the expected business situation. In spite of the fact that more than a half expects improving, the total business balance decreased 8 p. p. in relation to the pervious month after seasonality adjustment of data.

The employment should increase in all sectors of retail sale. The total increase in employment moderated in June, because of a rise in percentage of companies with stable number of employees.

Respondents expect slighter rise in the development of the retail prices than in the past months, when the total business balance is 7 p. p. lower than in May. 44% of respondents (weighted by turnovers) indicate price rises and 7% price decreases.

Respondents included primarily to factors limiting the growth of retail sale competition (41%) that is the most considerable factor in all regions and sectors except sale of textile, clothing, footwear and large multiple shops (supermarkets, hypermarkets), where the most significant factor is insufficient demand.

Shortage of qualified labour force (14%) represents the second place and is the most significant limiting factor in all sectors except sale of large multiple shops and other retail trade. High operation costs becomes a significant limiting factor, 13% of respondents report them as limiting factor.

The percentage of respondents having no problems with turnover increase is relatively high (13%). There are mostly respondents in the branch of other retail trade and in the region of Bratislava by regions.

Statistical Office of the SR


Must ReadView All

Chinese firm sets up garment production chain in Vietnam

Apparel/Garments | On 13th Dec 2017

Chinese firm sets up garment production chain in Vietnam

Worldon Vietnam Co. Ltd under the Chinese Shenzhou Group is likely to ...

Courtesy: SATO Global Solutions

Information Technology | On 13th Dec 2017

Sensor networks improve inventory management

Sensor networks like radio frequency identification (RFID) and smart...

Courtesy: ABARES

Textiles | On 13th Dec 2017

Australian cotton production to grow 4% in 2017-18: ABARES

Cotton production in Australia is forecast to rise by 4 per cent to...

Interviews View All

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Top executives
Textile industry, India

Such fairs are a must for industry to showcase new innovations

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

December 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search