Mediafax (Mediafax)
Personal finance  |  October 31, 2012 12:28:40

CCCT: This Christmas will be richer than last year


PRAGUE (MEDIAFAX) - People on holidays and indulge luxury retailers already have in hand number, which suggests that this year Santa Claus will bring more gifts than last year. Businesses are beginning to increase sales, despite the VAT increase, announced on Wednesday Juračka Zdenek, president of Confederation of Commerce and Tourism (CCCT).

"We are pleased that the forecast did not materialize and people are afraid to spend before Christmas. Revenues this year, traders said, Prohibition, the VAT increase and the economic downturn caused demand. Seasonal however, this adverse trend, at least temporarily alleviated," he adds.

Traders expect before Christmas increased mainly interested in quality and luxury items that most customers really affords only sporadically.Holidays and will include not only delicacies, small household appliances, toys and electronics, but retailers will offer such a high quality South African steaks, yellow chickens from France, venison, guinea fowl, quail, fresh fish and seafood and all kinds of exotic fruits. Of course there is also extending the range of confectionery on a special Christmas collection.

"The vast majority of shops undertake gradually and Christmas items at the same rate as in recent years. Though most official festive campaign starts at the beginning of November, Nicolas collections and sweets are on sale since October," said Juračka.

The pre-Christmas period is traditionally in terms of sales to nejživějšímu year period. Most traders recorded slow growth in sales in the course of October, when the turnover of goods increased by an average of 10 percent compared to an average week.In December, sales in the past three years, rising by up to 30 percent above average month in food by more than a fifth in nepotravinách by more than half, and the sale of alcohol rose by about 50 to 60 percent. "Two weeks before Christmas then sales grew by 80 percent, and traders expect a similar trend this year," added Juračka.

Francis Bužek, buzek@mediafax.cz

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