Surveys

BER Retail Survey Documents

Despite increased interest rates and high inflation putting pressure on household disposable income, confidence among retailers remained at the same level as in the first quarter. Lower disposable income may, however, take longer to reflect in the purchases of essential goods. The BER’s Retail Survey suggests that sales volumes of non-durable and semi-durable goods increased in the second quarter, continuing the trend towards spending on goods associated with returning to the office and leisure activities. Confidence among wholesalers also remained largely unchanged since the previous quarter. Although vehicle sales were strong in the first quarter, substantial stock shortages suggest a bleak outlook for the motor industry.

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Despite increased interest rates and high inflation putting pressure on household disposable income, confidence among retailers remained at the same level as in the first quarter. Lower disposable income may, however, take longer to reflect in the purchases of essential goods. The BER’s Retail Survey suggests that sales volumes of non-durable and semi-durable goods increased in the second quarter, continuing the trend towards spending on goods associated with returning to the office and leisure activities. Confidence among wholesalers also remained largely unchanged since the previous quarter. Although vehicle sales were strong in the first quarter, substantial stock shortages suggest a bleak outlook for the motor industry.

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Retailer confidence declined marginally from 52 to 49 in the first quarter of 2022. However, the BER’s survey shows that retailer confidence remains 10 index points above its long-term average. While overall volume growth eased, rapidly rising selling prices buoyed profitability and underpinned retailer confidence.

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Retailer confidence declined marginally from 52 to 49 in the first quarter of 2022. However, the BER’s survey shows that retailer confidence remains 10 index points above its long-term average. While overall volume growth eased, rapidly rising selling prices buoyed profitability and underpinned retailer confidence.

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