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Retail development in 2000 and the outlook for 2001

Author

Listed:
  • Uwe Christian Täger
  • Günter Weitzel

Abstract

In comparison to the low growth rates of previous years, in 2000 retailing in Germany achieved good turnover results of 2.6% in nominal and 1.3% in real terms. Growth was boosted by the increase in disposable income and private consumption, but retail expansion is still not keeping pace with growth in these two economic categories. Turnover in the first quarter of 2001 was somewhat dampened and increased year-on-year at a nominal rate of 1%, which was a 0.3% decline in real terms. Average growth for the year will be at a nominal rate of 1.5%, which, after including a 1.5% rate of price increases, amounts to stagnation in real turnover.

Suggested Citation

  • Uwe Christian Täger & Günter Weitzel, 2001. "Retail development in 2000 and the outlook for 2001," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 54(12), pages 30-36, October.
    • Handle: RePEc:ces:ifosdt:v:54:y:2001:i:12:p:30-36
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    File URL: https://www.ifo.de/DocDL/ifosd_2001_12_3.pdf
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    Cited by:

    1. Arno Städtler, 2001. "Retailers hopes disappointed - cautious investment activity," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 54(14), pages 32-35, October.

    More about this item

    JEL classification:

    • E30 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - General (includes Measurement and Data)
    • L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce

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