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Retail Confidence Index Continued Its Horizontal Course For The Last 11 Months 92th issue of TEPAV Retail Confidence Index has been published.  
Haber resmi
07/09/2017 - Viewed 45 times

 

TEPE was -18.7 points in August 2017. The Index saw an increase by 0.5 point compared to the previous month and a decrease by 10.1 points compared to the same month last year. The yearly decrease in TEPE is attributed to the y-o-y decrease in the level of business activities in the last 3 months as well as the sales expectations for the coming 3 months. “Electrical appliances, radio and televisions” sector, which recorded the highest y-o-y decline in July, was the only sector that saw an increase in retail confidence in August. Furthermore, when compared to the EU-28 and Eurozone, Turkey witnessed declining performance with respect to last year.

Retail confidence decreased in comparison to last year

TEPE, with its -18.7 points in August 2017, showed a slight increase of 0.5 point when compared to the previous month and a decline of 10.1 points when compared to the same month of last year. Where the yearly decrease in TEPE is attributed to the y-o-y decrease in the level of business activities in the last 3 months and sales expectations for the coming 3 months; its limited monthly increase is attributed to the decrease witnessed in business activities in the last 3 months even though there is m-o-m increase in the level of sales expectations for the coming 3 months. It is seen that the current stock level is not determinant in the annual or monthly movement of the TEPE value.

 

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