Retail boom in November? Table

According to Eqtesadnews; Although the data show that the index improved over the previous month, it should not be overlooked that the retail situation is still a long way from 50.

In general, a number below 50 means a recession, so a slight improvement in the retail situation compared to October does not mean a way out of the recession.

According to the evaluations, the number 50 indicates that the situation has not changed compared to the previous month, above 50 indicates the improvement of the situation compared to the previous month and below 50 means that the situation is worse than the previous month. Accordingly, if the calculated number is below 50, but higher than the calculated number of the previous month, it indicates that the rate of deterioration has decreased. In contrast, if the calculated number is above 50, but less than the previous month, it indicates that the speed of recovery has decreased compared to the previous month.

The best indicator

Based on the evaluations of the Iranian Chamber of Trades, among the 5 main components (amount of activities performed, the amount of new customer orders, speed of delivery and delivery of the order or work process, inventory of raw materials or supplies purchased and the amount of employment and manpower), speed index Execution and delivery of the order (55.10) has the highest amount.

The purchase price index of raw materials or goods needed decreased (-8.32) percent compared to the previous month, and consequently the selling price index of products or services provided compared to the previous month decreased (-29.93) percent, which led to growth. (3.03) Percentage of the index of sales of goods and services in November compared to the previous month.

According to the results of the report of Shamkhan Aban Mah, despite a 6% increase in the total retail index figure with the number (35.71) compared to the Mehr index figure (33.69), retail stores in chain stores are still in a state of recession. They are, but they have moved towards prosperity with a slight increase compared to last month.

According to surveys, the index of employment and manpower has the most change (46.33% increase compared to the previous month), which according to the index of expectations related to activities in the next month (18.91% increase) can be He analyzed that due to the hope of retail units to improve the sales situation and stabilize the market, it has led to a slight improvement in the employment of their staff. According to the previous results of the project, the stores had reduced their manpower by about 40% in October compared to September. This adjustment of the manpower in October had reduced the speed of delivery and delivery of orders and work process, which in November due to vacuum compensation Manpower, order delivery speed index increased by about 42%.

Also, the purchase price index of raw materials or supplies needed in the month under study decreased by about 8% compared to the same month last year, which led to a decrease of about 30% in the price of products produced, followed by sales of goods and services about Increased by 3%.

According to the announcement of the Corona Anti-Corruption Headquarters in late November that the two-week closure of trade unions (excluding group one jobs) in the red cities from December 1, the amount of community purchases increased in the last days of November and the demand for some items It was decided for 2 weeks that the related union units would be closed, it was increased. Therefore, a 6% increase in the Aban index figure compared to October may be due to this.

7 problems of the retail sector

Problems in the retail sector include “reduced demand for durable goods due to the Corona crisis”, “reduced purchasing power and lack of effective market demand”, “lack of transparency in the country’s supply chain”, “small units and lack of scale production”, “high cost price” “Because of its small size,” he said, “the market depends on imports and instability in the foreign exchange market” and “high inflation and rising prices of goods and services in the country.”

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