The Swedish trade showed minussiffror in december 2018, compared with the year before.
– It is a remarkably weak performance in december, ” says Johan Davidson.
the Forecast was that trade would increase by 3 per cent compared to december 2017. Instead, it fell by 1.1 per cent, according to SCB:s figures. This in spite of the economic boom.
– Household incomes are good and the final consumption expenditure – which also includes travel, restaurant meals and services, is located on the 4 per cent. There were good reasons to believe in a revenue growth of around 3%, ” says Johan Davidson.
three times in the past that the trade has shown minussiffror over the past 28 years: 1992, 1995 and 2012. When the economy has been weaker. In the year, there will be a reversal of the trend.
“We can confirm that there has been any form of restraint given the economic climate,” says Johan Davidson.
Johan Davidson, the chief economist at Svensk handel. Photo: PMAGI AB
even though november and Black Friday showed strong figures for retail sales is reported to only be a minor part of the explanation for the weak performance in december. During the full year of 2018 grew retail sales by 2.5 per cent. The reduced interest in order to buy gadgets is a part of a larger trend, according to Johan Davidson.
“Obviously deals with household goods in Sweden for less amount than what you spend on, for example, restaurant, travel and services,” says Johan Davidson.
and leksakshandeln is not included in the statistics. Not goods that are ordered or purchased in the rest of the world registered, which also can affect the. But none of these factors can be considered to be the whole reason for the development, according to Johan Davidson.
– It is surprisingly low, particularly given the economic climate, ” says Johan Davidson.
this Year’s christmas gift-favoured andrahandförsäljningen
Failed toy shops continue open
”the Customers will not of themselves”