Figure of the day: +4%

was the index of business confidence in retail trade. The indicator’s value increased after six months of being in a critical zone near zero. These data are presented in a new Monitoring the Business Climate in Retail Organisations study that was conducted in the second quarter of 2015 by the Centre for Business Tendency Studies at the HSE ISSEK.

Among the reasons for the positive changes in the sector is that trading activity traditionally becomes more active in the spring and summer. However, even that was not enough to ‘shake’ all retail segments. While the effect of ‘summer optimism’ largely spread to the food trade sector, the market for non-food goods remained depressed.

Source: HSE website