BER Retail Survey
Date Uploaded: Sep 19 2023 12:00PM
Retail confidence in quarter three improved to 32%, up from 20% in the second quarter. We could see a further improvement in quarter four if food price increases moderate and the SARB maintains its pause in rate hikes. However, load-shedding may continue to
read moreRetail confidence in quarter three improved to 32%, up from 20% in the second quarter. We could see a further improvement in quarter four if food price increases moderate and the SARB maintains its pause in rate hikes. However, load-shedding may continue to dampen consumer spending in the sector.
Date Uploaded: Jun 20 2023 12:00PM
The BER’s quarterly Retail Trade survey shows that retailer confidence dropped to 20%
during 2023Q2, down from 34% in Q1. The substantial decline in retailer confidence can be ascribed to a marked deterioration in profitability due to load-shedding,
read moreThe BER’s quarterly Retail Trade survey shows that retailer confidence dropped to 20%
during 2023Q2, down from 34% in Q1. The substantial decline in retailer confidence can be ascribed to a marked deterioration in profitability due to load-shedding, persistently high food inflation and rising interest rates.
Retail Survey (Executive Summary), 2023Q1
Date Uploaded: Mar 27 2023 10:00AM
The BER’s trade survey for the first quarter of 2023 suggests a sector under pressure and facing weak consumer demand. Retail confidence slipped from 42% to 34%. This is the weakest level since 2020Q2, when activity was severely constrained by the COVID-19
read moreThe BER’s trade survey for the first quarter of 2023 suggests a sector under pressure and facing weak consumer demand. Retail confidence slipped from 42% to 34%. This is the weakest level since 2020Q2, when activity was severely constrained by the COVID-19 pandemic.
Date Uploaded: Mar 27 2023 10:00AM
The BER’s trade survey for the first quarter of 2023 suggests a sector under pressure and facing weak consumer demand. Retail confidence slipped from 42% to 34%. This is the weakest level since 2020Q2, when activity was severely constrained by the COVID-19
read moreThe BER’s trade survey for the first quarter of 2023 suggests a sector under pressure and facing weak consumer demand. Retail confidence slipped from 42% to 34%. This is the weakest level since 2020Q2, when activity was severely constrained by the COVID-19 pandemic.
Retail Survey (Executive Summary), 2022Q4
Date Uploaded: Dec 12 2022 10:00AM
After months of resilience, the realities of the tough trading environment have caught up with the retail sector. The BER’s latest Retail Trade survey shows that retail confidence has dropped from 51% in the third quarter to 42% in quarter four. Retailers
read moreAfter months of resilience, the realities of the tough trading environment have caught up with the retail sector. The BER’s latest Retail Trade survey shows that retail confidence has dropped from 51% in the third quarter to 42% in quarter four. Retailers expect lower sales volumes this quarter compared to the same period last year.
Date Uploaded: Dec 12 2022 10:00AM
After months of resilience, the realities of the tough trading environment have caught up with the retail sector. The BER’s latest Retail Trade survey shows that retail confidence has dropped from 51% in the third quarter to 42% in quarter four. Retailers
read moreAfter months of resilience, the realities of the tough trading environment have caught up with the retail sector. The BER’s latest Retail Trade survey shows that retail confidence has dropped from 51% in the third quarter to 42% in quarter four. Retailers expect lower sales volumes this quarter compared to the same period last year.
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.