The “Cassandras” are confirmed for the course of the summer sales in the region’s market, as the period ended with heavy losses for most commercial enterprises.
It is now clear that the cumulative erosive effect of inflation has shrunk disposable income, making consumers especially wary.
The picture in Patras and more broadly in the market of Achaia is not only not the same, but for many it was even worse.
The president of the Federation of Trade and Entrepreneurship, Giorgos Vagenas, emphasized to “Peloponnisos” that the assessment made a few days ago by the representatives of the Trade Associations, showed that the situation in terms of turnover is dramatic, even for the regions that are heavily supported inbound tourism. “It was the worst summer sales since the memo era,” he said, noting that people this year cut back on consumption dramatically, even on vacation.
In the meantime, the time for the start of this school year is ticking down and the … “headache” of inelastic school supplies costs knocks on the door of households. The Trade Association of Patras invites and urges consumers to prefer local bookstores for the supply of school supplies. The excellent quality, the affordable prices, the variety of school supplies, the impeccable service provided, but also the fact that the local economy is supported, are key factors for which it is worth preferring local stores.
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