Confidence indicators in retail trade

The Business Survey in retail trade is conducted by the CSB in accordance with the Joint Harmonised EU Programme of Business and Consumer Surveys, using funding of the European Commission.

Retail trade business tendency indicators summarise provisional information on the condition of economic activity in retail trade enterprises, changes thereof, current and future trends and limiting factors. The acquired data serve as the basis for economic analysis and short-term forecast. The main advantage of the Business Tendency Surveys is the simplicity of the method for obtaining results and the timeliness, as well as constant harmonisation within the framework of the European Union.

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Economically active enterprises, the main kind of economic activity according to Statistical Classification of Economic Activities (NACE Rev. 2) is Wholesale and retail trade and repair of motor vehicles and motorcycles (NACE = 45) and Retail trade, except motor vehicles and motorcycles (NACE = 47).

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Statistics database

Regular harmonised surveys are coordinated by the Directorate General for Economic and Financial Affairs (DG ECFIN) for different sectors of the economies in all EU countries.

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Data are acquired by means of sample survey. Data are acquired in the form of Retail Trade Business Tendency Survey - form 3-TKJ Business Tendency Evaluation in Retail Trade.

Enterprises are selected for the surveys using targeted stratified sample.

Enterprises are stratified accordingly kind of activity by NACE Rev. 2 and the number of employed. The larger the number of employed in the enterprise, the larger the possibility for this enterprise to be included in the sample.

The sample is created as sample independent of other enterprise sample surveys.

To obtain results on confidence indicators in retail trade in the country in total, data provided by enterprises are weighted with the number of employees in the enterprise, as well as share of enterprise's sector in retail trade in total is taken into account. Calculating total confidence indicators in retail trade by enterprise size groups,  share of enterprise's sector in retail trade in total is not taken into account.

On each question of the survey breakdown of answers by variants is obtained which is expressed in per cent. From this breakdown net (balance) is calculated as difference among shares of the final answers. For the question with three variants of answers net (N) of answers is calculated according the following formula:

S = ( "+" ) – ( "–" ), where

("+") – share of positive answers ("increased", "above regular") as per cent;

("–") – share of negative answers ("decreased", "below regular") as per cent.

Using net gives opportunity to express answers of the question in one number, changes in answers to this question by periods form simple dynamics row.