According to the latest Business Barometer believe two of the three merchants to profitability in the retail trade as a whole will decrease in the next three months. Only three percent expect increased profit margins for the industry. This despite the fact that traders believe in a stable and somewhat higher sales proceeds.
– the costs of purchasing, rents, wages and increased employer contributions will increase considerably more than the traders can withdraw the price increases. We see how several businesses such as JC and Indian struggling with profitability problems. We must take the signals seriously, says Jonas Arnberg , chief economist at the Swedish Trade in a press release.
Calling job creation policy
In the April trade Barometer were merchants also answer the policy measures they need to create more jobs. Four out of ten traders say the reduction in income would get them to hire more.
– The trade has great potential to employ more while the group outside the labor market is growing. The equation should be simple but instead raised the price of the admission ticket to the labor market through higher starting salaries, says Jonas Arnberg.
First in June, the government plans to implement a further increase in employer contributions for young people. Every other traders say that they will have less staff as a direct result of the cost.
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