According to SME Direkt survey sales were expected to have increased by 3.5 percent.
Grocery sales increased 1.8 percent, while durable goods rose 7.1 percent.
Compared with the previous month sales rose 1.9 percent in August.
In July, retail sales revised 2.2 percent annual rate (+2.3).
HUI notes with August’s figures may the summer months (June, July and August) summed. The sales growth stayed at 2.8 percent, which is stronger than the growth in summer 2013.
“durable goods trade is on the rise and consumers are relatively optimistic about the future. This will be much needed for the growth of trade in view of the final four months faced much tougher comparative figures from 2013, “the HUI.
There are two scenarios for retail development in the fall. The optimistic scenario is that the favorable conditions that exist, such as record-low interest rates, a continuing need to consume capital goods and consumer optimism can have a positive impact on consumption and retail.
The second, more gloomy, scenario is a weaker growth where the remaining months of last year’s annual sales are not reached because of the tough comparatives and on consumer confidence for some reason would begin dala, writes HUI.
No comments:
Post a Comment