{"id":83837,"date":"2024-01-22T08:51:13","date_gmt":"2024-01-22T07:51:13","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/83837\/"},"modified":"2024-11-06T23:40:10","modified_gmt":"2024-11-06T22:40:10","slug":"trotz-guenstiger-konsumentwicklung-maessige-steigerung-der-einzelhandelsumsaetze-weihnachtsgeschaeft-eher-flau","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/83837\/","title":{"rendered":"Favorable Consumption Trend \u2013 But Sluggish Retail Sales Extending Into Pre-Christmas Shopping"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-83837","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"In the first six months of 1995, Austrian consumers spent Sch 622 billion, 4.7 percent (+2.4 percent in volume) more than a year earlier. This marked increase implied a fall in the private household saving ratio by about \u00bd percentage point, since gains in disposable income were damped by measures of fiscal retrenchment. Spending on domestic goods and services increased below the average. A jump in expenditure by Austrians abroad was caused not only by stronger demand for foreign travel, but also to a large extent by higher \"direct\" imports of consumer goods. These constitute welfare gains for the consumer \u2013 provided that they actually offer a price advantage \u2013 while causing public revenue losses and stronger competition in the retail trade sector. Sluggish growth of domestic spending (by Austrians and foreign tourists) and the higher import propensity both constrain the expansion of retail sales in Austria. The latter were barely higher (+0.2 percent) in the first half of 1995 than a year ago. Wholesale trade, being cyclically more volatile, increased by 1.6 percent in volume. Retail sales prices rose only modestly in the first semester (+0.6 percent year-on-year), due also to the effects of EU accession. The drive for rationalization gave a boost to productivity and led (together with the failure of the \"Konsum\" cooperative) to a fall in employment by 0.4 percent. Christmas shopping in 1995 is likely to be influenced by the first-time opening of stores on December 8th, a public holiday in Austria. As nationwide empirical evidence is lacking, econometric models may yield only a rough order of magnitude for the (additional) sales potential. Thus, December sales may be boosted by between Sch 100 million and Sch 1.5 billion (net of VAT). A reference value for the effect of December 8th shop opening is provided by the 1991 experience when this date fell on a Sunday and therefore no shopping day was lost. Based on this experience, model calculations for December 1995 sales show a net gain of nearly Sch 1 billion \u00b10.5 billion. This estimate does not mean that on December 8th itself sales will be in that range; rather, they will be higher and relatively lower on the surrounding days. Christmas sales may be expected to slightly exceed last year's level (by about \u00bd percent) only if consumers make full use of the greater shopping opportunities.","onlinedate":"1995-12-01 01:00:00","lang":"German","publication_series":"","publication_date":"19951201","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[\"Trotz g\u00fcnstiger Konsumentwicklung m\u00e4\u00dfige Steigerung der Einzelhandelsums\u00e4tze. Weihnachtsgesch\u00e4ft eher flau; Favorable Consumption Trend \u2013 But Sluggish Retail Sales Extending Into Pre-Christmas Shopping\"]","jelcodes":"[]","related_publications":"[]","pdf":275192,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"68","monthly_report_pages":"761-768","monthly_report_pages_sort":"761","issue":"12","journal":"WIFO-Monatsberichte","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[44312],"research_groups":[3500],"collaboration":"","persons":[3995],"persons_data":"[{\"personId\":3995,\"personName\":\"Michael W\u00fcger\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_apa rendering_contributiontoperiodical rendering_apa rendering_contributiontoperiodical_apa\\\"><span>W\u00fcger, M.<\\\/span> (1995). <span>Trotz g\u00fcnstiger Konsumentwicklung m\u00e4\u00dfige Steigerung der Einzelhandelsums\u00e4tze. Weihnachtsgesch\u00e4ft eher flau<\\\/span>. <span><em>WIFO-Monatsberichte<\\\/em><\\\/span>, <em>68<\\\/em>(12), 761-768. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/238\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/238<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>W\u00fcger M<\\\/span>. <span class=\\\"title\\\"><span>Trotz g\u00fcnstiger Konsumentwicklung m\u00e4\u00dfige Steigerung der Einzelhandelsums\u00e4tze. Weihnachtsgesch\u00e4ft eher flau<\\\/span><\\\/span>. <span>WIFO-Monatsberichte<\\\/span>. 1995 Dec;68(12):761-768.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{a2ed5bbaf744483cbfd577d2f994bd48,<\\\/div><div>  title    = \\\"Trotz g{\\\\\\\"u}nstiger Konsumentwicklung m{\\\\\\\"a}{\\\\ss}ige Steigerung der Einzelhandelsums{\\\\\\\"a}tze. Weihnachtsgesch{\\\\\\\"a}ft eher flau\\\",<\\\/div><div>  abstract = \\\"Der Konsum der privaten Haushalte war im 1. Halbjahr 1995 bei leichtem R{\\\\\\\"u}ckgang der Sparquote real um 2,4\\\\% h{\\\\\\\"o}her als im Vorjahr. Besonders stark stiegen die Ausgaben der {\\\\\\\"O}sterreicher im Ausland, vor allem wegen vermehrter Direktimporte. Die geringe Zunahme der Ausgaben der {\\\\\\\"O}sterreicher im Inland und der schwache Tourismus d{\\\\\\\"a}mpften den Gesch{\\\\\\\"a}ftsgang des Einzelhandels (+0,2\\\\%); der Gro{\\\\ss}handel (+1,6\\\\%) profitierte st{\\\\\\\"a}rker vom Konjunkturaufschwung. Der verst{\\\\\\\"a}rkte Wettbewerbsdruck im Gefolge des EU-Beitritts lie{\\\\ss} nur m{\\\\\\\"a}{\\\\ss}ige Preissteigerungen zu, erh{\\\\\\\"o}hte die Produktivit{\\\\\\\"a}t, hatte zusammen mit dem Ausgleich der Konsum-Genossenschaft ein Besch{\\\\\\\"a}ftigungsr{\\\\\\\"u}ckgang zur Folge. Im Weihnachtsgesch{\\\\\\\"a}ft des Einzelhandels sind heuer nur dann leichte reale Zuw{\\\\\\\"a}chse zu erwarten, wenn das Umsatzpotential des Offenhaltens der Gesch{\\\\\\\"a}fte am 8. Dezember weitgehend ausgesch{\\\\\\\"o}pft werden kann.\\\",<\\\/div><div>  keywords = \\\"Trotz g{\\\\\\\"u}nstiger Konsumentwicklung m{\\\\\\\"a}{\\\\ss}ige Steigerung der Einzelhandelsums{\\\\\\\"a}tze. Weihnachtsgesch{\\\\\\\"a}ft eher flau; Favorable Consumption Trend \u2013 But Sluggish Retail Sales Extending Into Pre-Christmas Shopping, Trotz g{\\\\\\\"u}nstiger Konsumentwicklung m{\\\\\\\"a}{\\\\ss}ige Steigerung der Einzelhandelsums{\\\\\\\"a}tze. Weihnachtsgesch{\\\\\\\"a}ft eher flau; Favorable Consumption Trend \u2013 But Sluggish Retail Sales Extending Into Pre-Christmas Shopping\\\",<\\\/div><div>  author   = \\\"Michael W{\\\\\\\"u}ger\\\",<\\\/div><div>  year     = \\\"1995\\\",<\\\/div><div>  month    = dec,<\\\/div><div>  language = \\\"Deutsch\\\",<\\\/div><div>  volume   = \\\"68\\\",<\\\/div><div>  pages    = \\\"761--768\\\",<\\\/div><div>  journal  = \\\"WIFO-Monatsberichte\\\",<\\\/div><p>}<\\\/p><\\\/div>\",\"ris\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_ris rendering_contributiontoperiodical rendering_ris rendering_contributiontoperiodical_ris\\\"><p>TY  - GEN<\\\/p><p>T1  - Trotz g\u00fcnstiger Konsumentwicklung m\u00e4\u00dfige Steigerung der Einzelhandelsums\u00e4tze. Weihnachtsgesch\u00e4ft eher flau<\\\/p><p>AU  - W\u00fcger, Michael<\\\/p><p>PY  - 1995\\\/12<\\\/p><p>Y1  - 1995\\\/12<\\\/p><p>N2  - Der Konsum der privaten Haushalte war im 1. Halbjahr 1995 bei leichtem R\u00fcckgang der Sparquote real um 2,4% h\u00f6her als im Vorjahr. Besonders stark stiegen die Ausgaben der \u00d6sterreicher im Ausland, vor allem wegen vermehrter Direktimporte. Die geringe Zunahme der Ausgaben der \u00d6sterreicher im Inland und der schwache Tourismus d\u00e4mpften den Gesch\u00e4ftsgang des Einzelhandels (+0,2%); der Gro\u00dfhandel (+1,6%) profitierte st\u00e4rker vom Konjunkturaufschwung. Der verst\u00e4rkte Wettbewerbsdruck im Gefolge des EU-Beitritts lie\u00df nur m\u00e4\u00dfige Preissteigerungen zu, erh\u00f6hte die Produktivit\u00e4t, hatte zusammen mit dem Ausgleich der Konsum-Genossenschaft ein Besch\u00e4ftigungsr\u00fcckgang zur Folge. Im Weihnachtsgesch\u00e4ft des Einzelhandels sind heuer nur dann leichte reale Zuw\u00e4chse zu erwarten, wenn das Umsatzpotential des Offenhaltens der Gesch\u00e4fte am 8. Dezember weitgehend ausgesch\u00f6pft werden kann.<\\\/p><p>AB  - Der Konsum der privaten Haushalte war im 1. Halbjahr 1995 bei leichtem R\u00fcckgang der Sparquote real um 2,4% h\u00f6her als im Vorjahr. Besonders stark stiegen die Ausgaben der \u00d6sterreicher im Ausland, vor allem wegen vermehrter Direktimporte. Die geringe Zunahme der Ausgaben der \u00d6sterreicher im Inland und der schwache Tourismus d\u00e4mpften den Gesch\u00e4ftsgang des Einzelhandels (+0,2%); der Gro\u00dfhandel (+1,6%) profitierte st\u00e4rker vom Konjunkturaufschwung. Der verst\u00e4rkte Wettbewerbsdruck im Gefolge des EU-Beitritts lie\u00df nur m\u00e4\u00dfige Preissteigerungen zu, erh\u00f6hte die Produktivit\u00e4t, hatte zusammen mit dem Ausgleich der Konsum-Genossenschaft ein Besch\u00e4ftigungsr\u00fcckgang zur Folge. Im Weihnachtsgesch\u00e4ft des Einzelhandels sind heuer nur dann leichte reale Zuw\u00e4chse zu erwarten, wenn das Umsatzpotential des Offenhaltens der Gesch\u00e4fte am 8. Dezember weitgehend ausgesch\u00f6pft werden kann.<\\\/p><p>KW  - Trotz g\u00fcnstiger Konsumentwicklung m\u00e4\u00dfige Steigerung der Einzelhandelsums\u00e4tze. Weihnachtsgesch\u00e4ft eher flau; Favorable Consumption Trend \u2013 But Sluggish Retail Sales Extending Into Pre-Christmas Shopping<\\\/p><p>KW  - Trotz g\u00fcnstiger Konsumentwicklung m\u00e4\u00dfige Steigerung der Einzelhandelsums\u00e4tze. Weihnachtsgesch\u00e4ft eher flau; Favorable Consumption Trend \u2013 But Sluggish Retail Sales Extending Into Pre-Christmas Shopping<\\\/p><p>M3  - WIFO-Schriftenreihen<\\\/p><p>VL  - 68<\\\/p><p>SP  - 761<\\\/p><p>EP  - 768<\\\/p><p>JO  - WIFO-Monatsberichte<\\\/p><p>JF  - WIFO-Monatsberichte<\\\/p><p>ER  - <\\\/p><\\\/div>\"}","scientific_assistance":"[]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.3 (Yoast SEO v28.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Favorable Consumption Trend \u2013 But Sluggish Retail Sales Extending Into Pre-Christmas Shopping - WIFO<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.wifo.ac.at\/en\/publication\/83837\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Favorable Consumption Trend \u2013 But Sluggish Retail Sales Extending Into Pre-Christmas Shopping\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wifo.ac.at\/en\/publication\/83837\/\" \/>\n<meta property=\"og:site_name\" content=\"WIFO\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/WIFOat\/\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-06T22:40:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.wifo.ac.at\/wp-content\/uploads\/2024\/05\/WIFO-Gebaeude-FotoAlexanderMueller-www.alexandermueller.at-IMG_6326-Bearbeitet-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@WIFOat\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/83837\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/83837\\\/\",\"name\":\"Favorable Consumption Trend \u2013 But Sluggish Retail Sales Extending Into Pre-Christmas Shopping - 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