Lower food VAT and low inflation are expected to put more money in households’ pockets and boost this year’s Christmas shopping, HUI Research predicts. Purchasing power is much stronger than it has been in a long time, says William Lindquist, an analyst at HUI Research.
BusinessThe purchasing power of Swedish households is strong, which has led to increased consumption. The upturn is particularly noticeable in retail, according to a new report from HUI.
BusinessHouseholds' wallets have strengthened, but concern is making them cautious. "Purchasing power is stronger than the mood," HUI writes in a new report on the situation in the retail sector.
BusinessThe founder of the collapsed Chinese real estate empire Evergrande, Hui Ka Yan, has pleaded guilty to fraud against investors and bribery in a Chinese court.
BusinessMore than one in ten ICA retailers are operating at a loss, according to a review conducted by Dagligvarunytt.
BusinessMore money in households' wallets will boost the Swedish economy next year, predicts HUI Research. The conditions for increased consumption going forward are stronger than in a very long time, says William Lindquist, analyst at HUI Research.
BusinessAfter years of stagnation in retail, a certain brightening is now predicted. The explanation is that households' restraint seems to be over. It is the consumers that we are waiting for to get the economy going, says William Lindquist, analyst at the Trade Research Institute (HUI).
BusinessFood prices are increasing by approximately 3.5 percent this year, according to HUI Research's forecast. As a consumer, one cannot count on lower food prices ahead, says William Lindquist, analyst at the company owned by Swedish Trade.
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