Vladimír Urbánek (Kurzy.cz)
Macroeconomics  |  October 05, 2012 10:59:07

Retail - car sales begin to decline considerably


Now car sales can be considered as a key variable for the development of retail sales in the coming months. The fall in demand for cars is no longer dominated only in southern European countries. Car sales have recently dropped significantly as in Germany and are likely to be expected that a similar scenario avoid even the Czech Republic.

Fresh retail sales statistics results confirm the continued negative trend in the domestic economy. Saving consumers and retailers sales decline, at best, stagnate. In August, retail sales stagnated, mom, respectively, was recorded marginal growth of 0.1%. Compared with August sales fell by 0.8% when the decline was concentrated mainly in the automotive segment.

Now car sales can be considered as a key variable for the development of retail sales in the coming months. The fall in demand for cars is no longer dominated only in southern European countries. Car sales have recently dropped significantly as in Germany and are likely to be expected that a similar scenario avoid even the Czech Republic. The situation is so serious that the automotive industry is a key sector for us.

Classic image on the other hand, offers internet sales and mail order services, where sales rose by 8.0% increase.Due to the increasing competition in the industry, however, vendors face a significant decrease in profit margins. Revenues grow even sales of clothing and footwear, which greatly helped by a decline in the prices of these goods.

The overall situation in the retail trade remains stable. Given the subdued domestic demand, a decline in real wages and the tense situation on the labor market, households in larger purchases rushing and a similar figure is expected as the rest of this year and over the next year.

Miroslav Novak
Analyst AKCENTA
Was this article: 10 | 8 | 6 | 4 | 2 | 0


Last news from the section Macroeconomics:

Pá 21:03  E2017 - Největší evropský zbrojní koncern BAE Systems STOX.CZ (Grant Capital)
Pá 12:19  2017 | Největší evropský zbrojní koncern BAE Systems STOX.CZ (Grant Capital)
Pá   9:37  Minutes ECB na obě strany, inflační tlaky nejsou dost silné Research (Česká spořitelna)
Pá   9:34  UK: Smíšené pocity z růstu HDP Research (Česká spořitelna)


Maloobchod - prodej aut začíná povážlivě klesat

Diskuze a názory

Na dané téma nejsou žádné názory.


Zobrazit sloupec 
Moner | ISIN database | Weather forecast
Česká verze
Kurzy.cz - Akcie cz, kurzy měn, forex, zlato.
Favorite: Prague Stock Exchange Czech crown Czech economy Commodities Gold Trademarks Prague Weather

Copyright © 2000 - 2018

Kurzy.cz, spol. s r.o., AliaWeb, spol. s r.o.,

ISSN 1801-8688