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Retail Sales Of Clothing And Footwear In Austria Decreased By About 3.1% In August.

2011/10/6 16:22:00 43

Austria Retail Clothing And Footwear Sales

According to statistics released by the Austria Federal Statistical Bureau in October 4th, Austria retail trade in 2011 August

Sale

After deducting the inflation factor, the real value shrank by 3.8%, and the total sales volume decreased from about 1 in 2011 to about 0.6% in August.


Following the July, retail sales fell again, showing the negative effects of low economic indicators and European debt crisis, Austria.

Populace

Consumption is more conservative.


According to the Bureau of statistics, the cumulative decline in retail sales from 2011 to August was mainly in the category of watches and jewellery. The sales volume decreased by 9.2% compared with the same period last year. The sports equipment category declined by 3.7%, while the sales of clothing and shoes decreased by about 3.1%.


The Bureau of Statistics said that the month of 2011 and August alone will be the same month.

retail

The sales volume of the "name" is about 4% higher than that of the same month last year. After deducting inflation factors, it has a substantial growth of about 0.9%, especially the sales volume of "livelihood goods", "food", "drink" and "tobacco". It has increased slightly compared with last year, but the cumulative performance after 1 to August is not as good as that of last year.


As for the forecast of the retail trade trend in the latter half of this year, the head of the Federal Statistics Bureau is unwilling to make a positive statement. It only indicates that the new round of salary negotiations between the major trade union organizations and the management will be concluded this autumn, and that the salaries of all the employed staff will be adjusted to a more accurate level.


According to this (5 October) day, the first round of "metal industry association" and management in Austria

salary

The negotiations were officially launched, but only about an hour later, the negotiations broke down. The labour force's protest and collective withdrawal from the negotiations were not in the hands of the employers in response to the request from the labour force (5.5%). The two sides are still at a standstill.

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