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Retail Trade: Declining Sales and Investments

Author

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  • Arno Städtler

Abstract

In contrast to expectations, German retail trade has not benefited from the growth in disposable income of the private households. Therefore we must expect a decline in sales by 1% in nominal terms in 2002. According to the plans of the firms participating in this year’s Ifo investment survey, investment of the retail trade will be around 10% less in value terms than last year. Its rate of growth will therefore be markedly below that of the economy as a whole (almost minus 2%).

Suggested Citation

  • Arno Städtler, 2002. "Retail Trade: Declining Sales and Investments," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 55(14), pages 37-40, July.
    • Handle: RePEc:ces:ifosdt:v:55:y:2002:i:14:p:37-40
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    File URL: https://www.ifo.de/DocDL/ifosd_2002_14_4.pdf
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    Cited by:

    1. Arno Städtler, 2002. "Lower sales cause less investment by wholesalers," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 55(15), pages 45-47, August.

    More about this item

    JEL classification:

    • L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce

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