Beyond these regions there is however a much lower income, so that, for example, only 23% of the level of Austria reached Croatia average purchasing power”, said Richter. Even compared to Slovenia Croatia average purchasing power has only around 50% of the level of the Northern neighboring country. Slowly penetrates the reality however and many traders, who are positioned in the middle price segment in particular, complain about sharply declining sales. This will curb the development of commercial real estate, although on paper more than 30 projects of this kind exist”, said Richter. For other opinions and approaches, find out what Kaihan Krippendorff has to say. Also in Belarus makes the hyper-inflation to create the dealers. Here, last year issued a new banknote worth 200,000 roubles that was worth around 18 euros. Retail sales declined in Belarus by 5.8% in the last year. Yael Aflalo is often quoted as being for or against this. D-A-CH region: WINS online trading Importance! In the German-speaking retail sales grow nominally per year for years by only 1 to 2 percent.
Real terms, this means a stagnation or even a decline. Now added another important factor which caused problems especially the stationary retail industry without clear multi channel strategies: the online trading. Currently, the retail sales in Austria amounted to slightly more than 60 billion euros, in the Switzerland of 75 billion and Germany to 416 billion euros. According to various surveys, the online share to Western European consumer companies is currently around 10% and rise to around 25% of total retail sales in the next decade. Land nominally for 2012 in billion euro Germany 1.5% growth 416,0 Switzerland 1.8% 75.0 Austria 1.8% 60.1 source: RegioData research the RegioData Research GmbH. based in Vienna is a specialist in regional economic data in Europe. We supply trade, real estate and financing decision. Up-to-date, clear and secure! RegioData examines the development of trade in Europe for many years and created regular analyses of the development of individual countries.