English, Article edition: Consumer Demand Continues to be Muted – Christmas Sales Expected to Grow Michael Wüger

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Physical Description
  • article
Language
  • English

Edition details

Title
  • Consumer Demand Continues to be Muted – Christmas Sales Expected to Grow
Author
  • Michael Wüger
Physical Description
  • article
Notes
  • In the euro zone, private households were markedly more cautions in their propensity to consume during the downturn phase of 2001-2003 than they were during the slump of 1992-1994. Accordingly, consumption gave much less of a boost to economic activity, a development which can be ascribed to the low confidence level on the part of consumers faced with high unemployment, a gap between their perception of inflation and actual figures, restrictions in public finances and pension systems, and the associated reforms and how they are seen by private households.
  • Privater Konsum Weihnachtsgeschäft Einzelhandel Sparen
  • RePEc:wfo:monber:y:2005:i:12:p:821-833
Language
  • English
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