BER Retail Survey
Date Uploaded: Sep 20 2022 9:00AM
The BER Retail Survey shows that although respondents report that general business conditions are down relative to 2021Q3, confidence levels have remained elevated and above the long-term average. The effect of high inflation and rising interest rates on the
read moreThe BER Retail Survey shows that although respondents report that general business conditions are down relative to 2021Q3, confidence levels have remained elevated and above the long-term average. The effect of high inflation and rising interest rates on the disposable income of consumers are, however, reflected in lower sales volumes. The survey provides early evidence that inflationary pressures may be peaking.
Retail Survey (Executive Summary), 2022Q3
Date Uploaded: Sep 20 2022 9:00AM
Retail confidence has proven surprisingly resilient despite the effect of high inflation and rising interest rates on the disposable income of consumers. The 2022Q3 BER Retail Survey shows that although general business conditions are down relative to Q3 last
read moreRetail confidence has proven surprisingly resilient despite the effect of high inflation and rising interest rates on the disposable income of consumers. The 2022Q3 BER Retail Survey shows that although general business conditions are down relative to Q3 last year, confidence levels have remained elevated and above the long-term average.
Date Uploaded: Jun 28 2022 12:45PM
Despite increased interest rates and high inflation putting pressure on household disposable income, confidence among retailers remained at the same level as in the first quarter. Lower disposable income may, however, take longer to reflect in the purchases
read moreDespite increased interest rates and high inflation putting pressure on household disposable income, confidence among retailers remained at the same level as in the first quarter. Lower disposable income may, however, take longer to reflect in the purchases of essential goods. The BER’s Retail Survey suggests that sales volumes of non-durable and semi-durable goods increased in the second quarter, continuing the trend towards spending on goods associated with returning to the office and leisure activities. Confidence among wholesalers also remained largely unchanged since the previous quarter. Although vehicle sales were strong in the first quarter, substantial stock shortages suggest a bleak outlook for the motor industry.
Retail Survey (Executive Summary), 2022Q2
Date Uploaded: Jun 28 2022 12:45PM
Despite increased interest rates and high inflation putting pressure on household disposable income, confidence among retailers remained at the same level as in the first quarter. Lower disposable income may, however, take longer to reflect in the purchases
read moreDespite increased interest rates and high inflation putting pressure on household disposable income, confidence among retailers remained at the same level as in the first quarter. Lower disposable income may, however, take longer to reflect in the purchases of essential goods. The BER’s Retail Survey suggests that sales volumes of non-durable and semi-durable goods increased in the second quarter, continuing the trend towards spending on goods associated with returning to the office and leisure activities. Confidence among wholesalers also remained largely unchanged since the previous quarter. Although vehicle sales were strong in the first quarter, substantial stock shortages suggest a bleak outlook for the motor industry.
Date Uploaded: Mar 23 2022 10:00AM
Retailer confidence declined marginally from 52 to 49 in the first quarter of 2022. However, the BER’s survey shows that retailer confidence remains 10 index points above its long-term average. While overall volume growth eased, rapidly rising selling prices
read moreRetailer confidence declined marginally from 52 to 49 in the first quarter of 2022. However, the BER’s survey shows that retailer confidence remains 10 index points above its long-term average. While overall volume growth eased, rapidly rising selling prices buoyed profitability and underpinned retailer confidence.
Retail Survey (Executive Summary), 2022Q1
Date Uploaded: Mar 23 2022 10:00AM
Retailer confidence declined marginally from 52 to 49 in the first quarter of 2022. However, the BER’s survey shows that retailer confidence remains 10 index points above its long-term average. While overall volume growth eased, rapidly rising selling prices
read moreRetailer confidence declined marginally from 52 to 49 in the first quarter of 2022. However, the BER’s survey shows that retailer confidence remains 10 index points above its long-term average. While overall volume growth eased, rapidly rising selling prices buoyed profitability and underpinned retailer confidence.
Date Uploaded: Dec 2 2021 10:00AM
Retailer confidence declined marginally from 56 to 52 in the fourth quarter of 2021. Despite the slight decline, overall sentiment is still significantly higher than pre-covid levels and remains well above the historic average of 39 index points. Confidence
read moreRetailer confidence declined marginally from 56 to 52 in the fourth quarter of 2021. Despite the slight decline, overall sentiment is still significantly higher than pre-covid levels and remains well above the historic average of 39 index points. Confidence was largely dragged down by non-durable goods retailers (food and beverages) on the back of a deterioration in their business conditions, weaker sales volumes, a decline in pricing power and, by implication, lower profitability.
Retail Survey (Executive Summary), 2021Q4
Date Uploaded: Dec 2 2021 10:00AM
Retailer confidence declined marginally from 56 to 52 in the fourth quarter of 2021. Despite the slight decline, overall sentiment is still significantly higher than pre-covid levels and remains well above the historic average of 39 index points. Confidence
read moreRetailer confidence declined marginally from 56 to 52 in the fourth quarter of 2021. Despite the slight decline, overall sentiment is still significantly higher than pre-covid levels and remains well above the historic average of 39 index points. Confidence was largely dragged down by non-durable goods retailers (food and beverages) on the back of a deterioration in their business conditions, weaker sales volumes, a decline in pricing power and, by implication, lower profitability.
Date Uploaded: Sep 20 2021 10:00AM
Retailer confidence increased marginally by 2 index points to reach a 7-year high of 56 in the third quarter of 2021 – up from 54 in the second quarter. At this level, sentiment is essentially above its long-term average of 39. While this is certainly a
read moreRetailer confidence increased marginally by 2 index points to reach a 7-year high of 56 in the third quarter of 2021 – up from 54 in the second quarter. At this level, sentiment is essentially above its long-term average of 39. While this is certainly a positive development, especially in the aftermath of violent protests and stricter trade restrictions amid a third wave of infections, this confidence was unfortunately not broad-based. Confidence was largely driven by non-durable goods (food and beverages) and hardware retailers on the back of improved sales volumes in these categories. Despite this improvement in sentiment, retailers faced a tough operating environment overall.
Retail Survey (Executive Summary), 2021Q3
Date Uploaded: Sep 20 2021 10:00AM
Retailer confidence increased marginally by 2 index points to reach a 7-year high of 56 in the third quarter of 2021 – up from 54 in the second quarter. At this level, sentiment is essentially above its long-term average of 39. While this is certainly a
read moreRetailer confidence increased marginally by 2 index points to reach a 7-year high of 56 in the third quarter of 2021 – up from 54 in the second quarter. At this level, sentiment is essentially above its long-term average of 39. While this is certainly a positive development, especially in the aftermath of violent protests and stricter trade restrictions amid a third wave of infections, this confidence was unfortunately not broad-based. Confidence was largely driven by non-durable goods (food and beverages) and hardware retailers on the back of improved sales volumes in these categories. Despite this improvement in sentiment, retailers faced a tough operating environment overall.