«The forecast for the turnover of the retail trade in December this year that it will exceed last year’s 3.83 billion and will move above 4 billion euros it looks like it will eventually happen, while consumer preferences for gifts remained the same, with clothing and footwear at the top, gifts, toys and cosmetics following.”
This is what the president of the Piraeus Chamber of Commerce and Industry says in his statement to APE-MPE Vassilis Korkidis.
The president specifically states the following:The holiday shopping spree may have peaked before Christmas, but it’s not over, since the New Year’s holiday follows with just as many family and social obligations for gift shopping. The shopping spree is expected to continue for the last five business days before the end of the year, with stores being open on Sunday, December 31, New Year’s Eve.
Retailers expect the shopping spree recorded in the Christmas week to continue into the last week of the year, albeit with less intensity and minor changes in consumer preferences, so as to satisfactorily close their fund for 2023. The forecast for retail trade turnover this December that it will exceed last year’s 3.83 billion and move above 4 billion euros, it seems that it will finally happen, while consumer preferences for gifts remained the same, with clothing and footwear at the top, gifts, toys and cosmetics to follow.
In 2023, it is estimated that the Greek retail trade will end with a single-digit increase, which is indeed to a large extent inflationary and does not imply a corresponding increase in real consumption. The ELSTAT figures show that the biggest companies in the sector are winning over the smaller ones, with the inflationary crisis actually causing a widening of the gap between them, given that the “big ones” can exercise a more extensive bidding policy. In particular, the turnover of very small commercial enterprises per quarter increases to the level of 2%, while that of medium ones over 4%. Nevertheless, New Year’s sales, on the one hand, complete the purchasing movement of the festive market, and on the other hand, the annual turnover, which according to official data closes comparatively and overall with a positive sign for the retail trade».
Read also
Patras: After the arson, a new attack on the van of a small market vendor – PHOTO
Wolfgang Schäuble has died
The market of Patras reopens from today – The opening hours of the shops
Vassilis Karras: Today is the last farewell to the “lord” of popular song
New Smyrni: Thriller with the death of a 16-year-old – He was found dead in his home – His brother is in custody
Taxpayers: Who will “fruit” increases due to the measures that will come into effect from the New Year
Earthquake at night near Marathia, Fokidas – It was felt in Patras and Etoloakarnania
#Retail #trade #estimates #December #turnover #billion #Korkidis #estimates
