Retail turnover will be 0,6% in 2015 year
27.08.2014 3834

Retail turnover will be 0,6% in 2015 year

The growth in retail trade next year will be more than three times lower than the Ministry of Economy predicted earlier: 0,6% instead of 2,1%, he believes. The retailers themselves are still more optimistic. "Higher inflation than previously expected is sufficiently cooling the growth of real incomes of the population, the growth of real wages. We revise down our estimate

consumer demand and expect that retail trade turnover in 2015 will grow by only 0,6%, although an increase of 2,1% was expected in May, "Oleg Zasov, director of the consolidated macroeconomic forecasting department of the Ministry of Economy, said yesterday. unchanged - the ministry expects retail trade to grow by 1,9%.

At the end of 2013, even grocery retailers expected a slowdown in growth, recalls Andrey Karpov, Executive Director of the Association of Retail Companies (AKORT). "But early 2014 did not confirm the worst fears," he notes. Natalya Kolupaeva, senior analyst at Raiffeisenbank, notes that the new version of the forecast is likely to reflect the weakening of consumer buying activity, for example, as a result of the possible introduction of a sales tax.

The growth of retail trade turnover next year will be more than three times lower than the Ministry of Economy predicted earlier: 0,6% instead of 2,1%, ...
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