Record high inflation, rising interest rates and recession await. The Trade Barometer for August shows that trade looks bleak for the coming months.
The retail trade indicator value decreased to a value of 85.7, which is the lowest level of the year so far. A value of 100 indicates a neutral level.
Even the e-tailers’ view is pessimistic. The indicator value for the segment is, like for retail trade, at an annual low.
Wholesale accounts for the smallest decline, 0.3 units. The indicator value of 87.3 lands there.