TCCI Barometer Barometer... · 2% 13% 13% 72% In the view of the general economic situation, do you think that now it is the right moment for people to make major purchases such as

TCCI Barometer

September 2013

“Establishing a reliable tool for monitoring the

financial, business and social activity in the

Prefecture of Thessaloniki”

•Conduct every six months (September 2nd fortnight)

•Monitoring five (5) populations of interest:

- Residents – Consumers in the Prefecture of Thessaloniki (Consumer Survey)

- Retail Trade companies in the Prefecture of Thessaloniki (Retail Trade Survey)

- Industries – Manufacturers in the Prefecture of Thessaloniki (Industry Survey)

- Services companies in the Prefecture of Thessaloniki (Services Survey)

- Construction companies in the Prefecture of Thessaloniki (Construction Survey)

• Conduct via telephone interviews (CATI system)

• Total sample of 1.500 respondents (700 consumers & 800 companies)

• Questionnaires along the lines of instructions for investigating

economic climate (DG – ECFIN)

Consumer Survey

Industry Survey

Services Survey

Retail Trade Survey 4

3

2

1

Construction Survey 5

Consumer Survey 1

Consumer Confidence Indicator

Prefecture of Thessaloniki : -50

Greece : -72

European Union : -12

Consumer Survey 1

Source:

1.Prefecture of Thessaloniki: TCCI Barometer

2.Greece : FEIR

3.European Union : DG ECFIN

Consumer Confidence Indicator (March 2013)


Greece : -71


Consumer Survey 1

Balances (Positive – Negative) THE: -60

GR: -83

EU: -21


GR: -79

EU: -17

March 2013

0% 1%

16%

44%

39%

How has the financial situation of your household changed

over the last 12 months? It has...

got a lot better

got a little better

stayed the same

got a little worse

got a lot worse

0% 3%

22%

43%

32%

How has the financial situation of your household changed

over the last 12 months? It has...

got a lot better

got a little better

stayed the same

got a little worse

got a lot worse

Consumer Survey 1

Balances (Positive– Negative) THE: -40

GR: -63

EU: -10


GR: -64

EU: -5

March 2013

0%

9%

26%

34%

28%

3%

How do you expect the financial position of your household to change over the next 12 months?

It will…

get a lot better

get a little better

stay the same

get a little worse

get a lot worse

don't know

0%

12%

29%

30%

22%

7%

How do you expect the financial position of your household to change over the next 12 months? It

will…

get a lot better

get a little better

stay the same

get a little worse

get a lot worse

don't know

Consumer Survey 1


GR: -88

EU: -46


GR: -85

EU: -33

March 2013

0% 4%

13%

32%

50%

1%

How do you think the general economic situation in the country has changed over the past 12

months? It has…

got a lot better

got a little better

stayed the same

got a little worse

got a lot worse

don't know

0% 4%

18%

36%

40%

2%

How do you think the general economic situation in the country has changed over the past 12

months? It has…

got a lot better

got a little better

stayed the same

got a little worse

got a lot worse

don't know

Consumer Survey 1


GR: -64

EU: -25


GR: -69

EU: -10

March 2013

1%

12%

20%

28%

38%

1%

How do you expect the general economic situation in this country to develop over the next

12 months? It will…

get a lot better

get a little better

stay the same

get a little worse

get a lot worse

don't know

1%

13%

21%

27%

32%

6%

How do you expect the general economic situation in this country to develop over the next

12 months? It will…

get a lot better

get a little better

stay the same

get a little worse

get a lot worse

don't know

Consumer Survey 1


GR: +25

EU: +30


GR: +13

EU: +30

March 2013

13%

32%

21%

22%

11%

1%

How do you think that consumer prices have developed over the last 12 months? They have…

fallen

stayed about the same

risen slightly

risen moderately

risen a lot

don't know

10%

36%

17%

20%

14%

3%

How do you think that consumer prices have developed over the last 12 months? They have…

fallen

stayed about the same

risen slightly

risen moderately

risen a lot

don't know

Consumer Survey 1

Balances (Positive – Negative) THE: +15

GR: +0,2

EU: +20


GR: -4

EU: +17

March 2013

15%

39%

11%

22%

8% 5%

By comparison with the past 12 months, how do you expect that consumer prices will develop in

the next 12 months? They will...

fall

stay about the same

increase at a slower rate

increase at the same rate

increase more rapidly

don't know

10%

37%

12%

22%

9%

10%

By comparison with the past 12 months, how do you expect that consumer prices will develop in

the next 12 months? They will...

fall

stay about the same

increase at a slower rate

increase at the same rate

increase more rapidly

don't know

Consumer Survey 1


GR: +83

EU: +38


GR: +75

EU: +24

March 2013

1%

5%

9%

36%

48%

1%

How do you expect the number of people unemployed in this country to change over the next

12 months? The number will…

fall sharply

fall slightly

remain the same

increase shlightly

increase sharply

don't know

0%

9%

13%

28%

48%

2%

How do you expect the number of people unemployed in this country to change over the next

12 months? The number will…

fall sharply

fall slightly

remain the same

increase shlightly

increase sharply

don't know

Consumer Survey 1


GR: -58

EU: -23


GR: -55

EU: -17

March 2013

2%

13%

13%

72%

In the view of the general economic situation, do you think that now it is the right moment for people

to make major purchases such as furniture, electrical/electronic devices, etc.?

don’t know

yes,it is the right moment now

it is neither the right moment nor the wrong moment no, it is not the right moment now

2%

11%

15%

72%

In the view of the general economic situation, do you think that now it is the right moment for

people to make major purchases such as furniture, electrical/electronic devices, etc.?

don’t know

yes,it is the right moment now

it is neither the right moment nor the wrong moment no, it is not the right moment now

Consumer Survey 1


GR: -70

EU: -24


GR: -78

EU: -23

March 2013

2%

4%

11%

22%

60%

1%

Compared to the past 12 months, do you expect to spend more or less money on major purchases

(furniture, electrical/electronic devices, etc.) over the next 12 months? I will spend…

much more

a little more

about the same

a little less

much less

don't know

2%

4%

12%

20%

62%

0%

Compared to the past 12 months, do you expect to spend more or less money on major purchases

(furniture, electrical/electronic devices, etc.) over the next 12 months? I will spend…

much more

a little more

about the same

a little less

much less

don't know

Consumer Survey 1


GR: -46

EU: -


GR: -47

EU: -

March 2013

7%

14%

21% 56%

2%

In view of the general economic situation, do you think that now is…?

a very good moment to save

a fairly good moment to save

not a good moment to save

a very bad moment to save

don't know

9%

12%

16%

60%

3%

In view of the general economic situation, do you think that now is…?

a very good moment to save

a fairly good moment to save

not a good moment to save

a very bad moment to save

don't know

Consumer Survey 1


GR: -75

EU: -13


GR: -81

EU: -7

March 2013

3% 8%

20%

68%

1%

Over the next 12 months, how likely is it that you save any money?

very likely

fairly likely

not likely

not at all likely

don't know

2%

9%

15%

73%

1%

Over the next 12 months, how likely is it that you save any money?

very likely

fairly likely

not likely

not at all likely

don't know

Consumer Survey 1

March 2013

1%

9%

45% 21%

24%

0%

Which of these statements best describes the current financial situation of your household?

we are saving a lot

we are saving a little

we are just managing to make ends meet on our income we are having to draw on our savings

we are running into debt

don't know

1%

10%

43% 19%

26%

1%

Which of these statements best describes the current financial situation of your household?

we are saving a lot

we are saving a little

we are just managing to make ends meet on our income we are having to draw on our savings

we are running into debt

don't know

Consumer Survey 1


GR*: -99

EU*: -74


GR*: -91

EU*: -74

*Data of July ‘13

March 2013

*Data of January ‘13

2% 2%

5%

91%

How likely are you to buy a car over the next 12 months?

very likely

fairly likely

not likely

not at all likely

2% 1%

3%

94%

How likely are you to buy a car over the next 12 months?

very likely

fairly likely

not likely

not at all likely

Consumer Survey 1


GR*: -98

EU*: -90


GR*: -95

EU*: -88

*Data of July ‘13

March 2013


0% 2%

4%

94%

Are you planning to buy or build a home over the next 12 months (to live in yourself, for a member

of your family, as a holiday home, to let etc.)?

yes, definitely

possibly

probably not

no

1% 1%

2%

96%

Are you planning to buy or build a home over the next 12 months (to live in yourself, for a member of

your family, as a holiday home, to let etc.)?

yes, definitely

possibly

probably not

no

Consumer Survey 1

*Data of July ‘13


GR*: -94

EU*: -57


GR*: -89

EU*: -59

March 2013


2%

6%

11%

81%

How likely are you to spend any large sums of money on home improvements or renovations

over the next 12 months?

very likely

fairly likely

not likely

not at all likely

2%

7% 4%

87%

How likely are you to spend any large sums of money on home improvements or renovations

over the next 12 months?

very likely

fairly likely

not likely

not at all likely

Industry Survey 2

Industry Survey 2

Business Expectations Indicator (Industrial Sector) – March 2013


Greece : -12


Source:


2.Greece : FEIR

3.European Union : DG ECFIN

Business Expectations Indicator (Industrial Sector)


Greece : -5

European Union : -5

Industry Survey 2


GR: -3

EU: -10


GR: -2

EU: -2

March 2013

decreased 57%

remain unchanged

26%

increased 16%

don't know 1%

How has your production developed over the past 6 months? It has:

decreased 43%

remain unchanged

32%

increased 25%

don't know 0%

How has your production developed over the past 6 months? It has:

Industry Survey 2


GR: -40

EU: -30


GR: -27

EU: -21

March 2013

not sufficient 63%

sufficient 30%

more than sufficient

6%

don't know 1%

Do you consider your current overall order books to be:

not sufficient

56%

sufficient 37%


7%

don't know 0%


Industry Survey 2


GR: -24

EU: -25


GR: -14

EU: -18

March 2013

not sufficient 33%

don't know 34%

sufficient 25%


8%

Do you consider your current export order books to be:

not sufficient 34%

don't know 26%

sufficient 34%


6%

Do you consider your current export order books to be:

Industry Survey 2


GR: +4

EU: +7


GR: +1

EU: +4

March 2013

adequate 50%

too small 27%

too large 19%

don't know 4%

Do you consider your current stock of finished products to be:

adequate 63%

too small 21%

too large 14%

don't know 2%

Do you consider your current stock of finished products to be:

Industry Survey 2


GR: +9

EU: +1


GR: +12

EU: +10

March 2013

decrease 26%

remain unchanged

32%

increase 34%

don't know 8%

How do you expect your production to develop over the next 6 months? It will…

decrease 26%

remain unchanged

42%

increase 28%

don't know 4%

How do you expect your production to develop over the next 6 months? It will…

Industry Survey 2


GR: -5

EU: -2


GR: -14

EU: +0,1

March 2013

remain unchanged

65%

decrease 24%

increase 8%

don’t know 3%

How do you expect your selling prices to change over the next 6 months? They will…

remain unchanged

71%

decrease 20%

increase 6%

don’t know 3%

How do you expect your selling prices to change over the next 6 months? They will…

Industry Survey 2


GR: -7

EU: -10


GR: -2

EU: -6

March 2013

remain unchanged

65%

decrease 23%

don’t know 1%

increase 11%

How do you expect your firm’s total employment to change over the next 6 months? It will…

remain unchanged

72%

decrease 17%

don’t know 2%

increase 9%


Industry Survey 2

March 2013

1%

7%

11%

3%

4%

52%

65%

don't know

other factors

shortage of material and/or equipment

shortage of labour force

none

financial constraints

insufficient demand

What main factors are currently limiting your production?

0%

7%

9%

3%

8%

45%

54%

don't know

other factors

shortage of material and/or equipment


none


insufficient demand

What main factors are currently limiting your production?

Industry Survey 2

March 2013

decreased 50%

remain unchanged

28%

increased 20%

don't know 2%

How have your orders developed over the past 6 months? They have…

decreased 35%

remain unchanged

35%

increased 29%

don't know 1%

How have your orders developed over the past 6 months? They have…

Industry Survey 2


GR:* +31

EU:* +21


GR:* +27

EU:* +23

*Data of July ‘13

March 2013


sufficient 64%

not sufficient 22%


13%

don't know 1%

Considering your current order books and the expected change in demand over the coming

months, how do you assess your current production capacity? The current production

capacity is…

sufficient 76%

not sufficient

13%


11%

don't know

0%

Considering your current order books and the expected change in demand over the coming

months, how do you assess your current production capacity? The current production

capacity is…

Industry Survey 2


GR: +24

EU: +5


GR: +7

EU: +8

*Data of July ‘13

March 2013


don't know 35%

remain unchanged

26%

decrease 13%

increase 26%

How do you expect your export orders to develop over the next 6 months? They will…

don't know 29%

remain unchanged

38%

decrease 13%

increase 20%

How do you expect your export orders to develop over the next 6 months? They will…

Industry Survey 2

Source:


2.*Greece : FEIR

3.*European Union : DG ECFIN

Thessaloniki Greece* European Union*

**How many months of production are assured by

your current overall order books? 2,6 3,8 4,2

***At what capacity is your company currently

operating (as a percentage of full capacity)? 60% 64,9% 78,1%

** Percentage of those who answered: 97%

*** Percentage of those who answered: 98%

Services Survey 3

Business Expectations Indicator (Services Sector) – March 2013


Greece : -22

European Union : -5

Services Survey 3

Source:

1. Prefecture of Thessaloniki: TCCI Barometer

2. Greece : FEIR

3. European Union : DG ECFIN

Business Expectations Indicator (Services Sector)


Greece : -10

European Union : +1

Services Survey 3


GR: -35

EU: -12


GR: -13

EU: -4

March 2013

deteriorated 58%

remained unchanged

30%

improved 12%

How has your business situation developed over the past 6 months? It has…

deteriorated 58%

remained unchanged

30%

improved 12%

How has your business situation developed over the past 6 months? It has…

Services Survey 3


GR: -23

EU: -5


GR: -11

EU: -1

March 2013

decreased 49%

remained unchanged

33%

increased 18%

don't know 0%

How has demand (turnover) for your company’s services changed over the past 6 months? It has…

decreased 41%

remained unchanged

31%

increased 28%

don't know 0%

How has demand (turnover) for your company’s services changed over the past 6 months? It has…

Services Survey 3


GR: -5

EU: +9

March 2013


GR: -9

EU: +2

decrease 41%

remain unchanged

30%

increase 28%

don't know 1%

How do you expect the demand (turnover) for your company’s services to change over the

next 6 months? It will…

decrease 40%

remain unchanged

30%

increase 21%

don't know 9%

How do you expect the demand (turnover) for your company’s services to change over the

next 6 months? It will…

Services Survey 3


GR: -33

EU: -3


GR: -20

EU: -2

March 2013

remained unchanged

70%

decreased 26%

increased 4% don't know

0%

How has your firm’s total employment changed over the past 6 months? It has…

remained unchanged

70%

decreased 16%

increased 4%

don't know 10%

How has your firm’s total employment changed over the past 6 months? It has…

Services Survey 3


GR: -20

EU: -2


GR: -23

EU: -1

March 2013

remain unchanged

72%

decrease 15%

increase 10%

don't know 3%


remain unchanged

64%

decrease 13%

increase 7%

don't know 16%


Services Survey 3


GR: -37

EU: -0,2


GR: -22

EU: -1

March 2013

remain unchanged

51% decrease

40%

increase 5%

don't know 4%

How do you expect the prices you charge to change over the next 6 months? They will…

remain unchanged

53% decrease 40%

increase 4%

don't know 3%


Services Survey 3

March 2013

40%

67%

15%

4%

4%

4%

0%

insufficient demant


other factors

none


shortage of space and/or equipment

don't know

What main factors are currently limiting your business?

42%

56%

8%

2%

4%

3%

1%

insufficient demant


other factors

none


shortage of space and/or equipment

don't know

What main factors are currently limiting your business?


Business Expectations Indicator (Retail Trade Sector) – March 2013


Greece : -26



Source:


2. Greece : FEIR


Business Expectations Indicator (Retail Trade Sector)


Greece : -23

European Union : -0,4



GR: -53

EU: -19


GR: -37

EU: +1

March 2013

deteriorated 78%

remained unchanged

15%

improved 7%

How has (have) your business activity (sales) developed over the past 6 months? It

has…(They have…)

deteriorated 58% remained

unchanged 29%

improved 13%

How has (have) your business activity (sales) developed over the past 6 months? It

has…(They have…)



GR: -11

EU: +13


GR: -8

EU: +8

March 2013

adequate (normal for the season)

51%

too large (above normal)

17%

too small (below normal)

28%

don't know 4%

Do you consider the volume of stock you currently hold to be:

adequate (normal for the season)

47%

too large (above normal)

16%

too small (below normal)

32%

don't know 5%

Do you consider the volume of stock you currently hold to be:



GR: -44

EU: -14


GR: -30

EU: -3

March 2013

decrease 57% remain

unchanged 27%

increase 13%

don't know 3%

How do you expect your orders placed with suppliers to change over the next 6 months?

They will…

decrease 47%

remain unchanged

33%

increase 9%

don't know 11%

How do you expect your orders placed with suppliers to change over the next 6 months?

They will…



GR: -36

EU: -8


GR: -39

EU: +6

March 2013

deteriorate (decrease)

48%

remain unchanged

27%

improve (increase)

20%

don't know 5%

How do you expect your business activity (sales) to change over the next 6 months? It (They) will…

deteriorate (decrease)

39%

remain unchanged

28%

improve (increase)

17%

don't know 16%

How do you expect your business activity (sales) to change over the next 6 months? It (They) will…



GR: -25

EU: -7


GR: +7

EU: -3

March 2013

remain unchanged

70%

decrease 22%

don't know 3%

increase 5%


remain unchanged

73%

decrease 18%

don't know 5%

increase 4%




GR: -28

EU: +7


GR: -22

EU: +6

March 2013

remain unchanged

54%

decrease 30%

increase 9%

don't know 7%


remain unchanged

56% decrease

29%

increase 8%

don't know 7%



Business Expectations Indicator (Constructions Sector) – March 2013


Greece : -46



Source:


2. Greece : FEIR


Business Expectations Indicator (Constructions Sector)


Greece : -18




GR: -32

EU: -17


GR: +12

EU: -12

March 2013

decreased 72%

remained unchanged

22%

increased 5%

don't know 1%

How has your building activity developed over the past 6 months? It has…

decreased 57%

remained unchanged

27%

increased 15%

don't know 1%

How has your building activity developed over the past 6 months? It has…


March 2013

0%

1%

2%

3%

0%

1%

55%

76%

don't know


shortage of equipment

weather conditions

none

other factors


insufficient demand

What main factors are currently limiting your building activity?

1%

1%

2%

4%

4%

7%

46%

70%

don't know


shortage of equipment

weather conditions

none

other factors


insufficient demand

What main factors are currently limiting your building activity?



GR: -71

EU: -41


GR: -31

EU: -38

March 2013

sufficient 14%

not sufficient 85%


1%

don't know 0%


sufficient 17%

not sufficient 82%


1%

don't know 0%




GR: -22

EU: -20


GR: -5

EU: -17

March 2013

remain unchanged

57%

decrease 33%

increase 6%

don't know 4%


remain unchanged

59%

decrease 30%

increase 5%

don't know 6%




GR: -6

EU: -13


GR: -35

EU: -9

March 2013

remain unchanged

63%

decrease 31%

increase 3%

don't know 3%


remain unchanged

59%

decrease 31%

increase 3%

don't know 7%


www.ebeth-barometer.gr

Documents

TCCI Barometer Barometer... · 2% 13% 13% 72% In the view of the general economic situation, do you think that now it is the right moment for people to make major purchases such as