TEPAV Retail Confidence Indicator - TEPE
TEPE was designed in the context of the 'Joint Harmonized EU Program of Business and Consumer Surveys' executed by European Commission Directorate General for Economic and Financial Affairs. The scope of the program initially implemented in all of the EU-27 countries, was expanded to cover candidate countries including Turkey. This way it became possible to monitor comparatively the developments in European economies. Given the high level of integration across the countries of the region, this proves important for the designing of efficient economic policies.
TEPE sample is based on the 2002 General Industry and Business Count announced by TURKSTAT. The sample involves 500 firms. TEPE survey is implemented by interviewers upon monthly face-to-face interviews with the executives of 500 firms.
Wide sector scope...
The index involves a wide range of sectors including food, beverages and tobacco products; textile, ready-made clothing and footwear; electrical home appliances, radio and television; furniture, lighting equipments and households articles n.e.c.; motor vehicles; non-specialized stores; and other sectors.
Covers all geographical regions ...
TEPE is conducted every month in 32 provinces selected from all geographical regions throughout Turkey. The provinces where TEPE is conducted are Istanbul, Tekirdağ, Balıkesir, Bursa, Eskişehir, Kocaeli, Yalova, Izmir, Denizli, Muğla, Kütahya, Uşak, Ankara, Konya, Kayseri, Niğde, Antalya, Adana, Mersin, Osmaniye, Zonguldak, Kastamonu, Samsun, Tokat, Trabzon, Ordu, Erzurum, Malatya, Van, Gaziantep, Diyarbakır, and Mardin.
Questions...
The following questions are asked to the participants survey on which the index is based:
1. How has your business activity developed over the last three months (increased, did not change, decreased)?
2. How do you consider the volume of inventories you currently hold (above normal, normal, below normal)?
3. How do you expect your orders placed with suppliers to change over the next three months (will increase, will not change, will decrease)?
4. How do you expect your business activity (sales) to change over the next 3 months (will increase, will not change, will decrease)?
5. How do you expect your total employment to change over the next 3 months (will increase, will not change, will decrease)?
6. How do you expect prices you charge to change over the next 3 months (will increase, will not change, will decrease)?
7. How has your business activity developed this year compared to the same period in the last year (increased, did not change, decreased)?
8. How do you expect the number of your stores to change over the next 12 months (will increase, N/A, will decrease)?
TEPE will be announced on the second workday each month
In the context of the survey, field study will be completed within the first two weeks, and data control will be done until the end of the third week. TEPE summary tables will be published in TEPAV web page on the second workday of each month.
- As The Business Activities Recover, Expectations Increase In The Retail Sector
- Expectations Of Sales And Employment Decreased In The Retail Sector
- Retail Confidence Has Recovered In February
- 2018 Starts Off With A Decline In The Retail Confidence
- Retail Confidence In 2017 Is Lower Than The 2009 Level
- Business Activity Is Not Recovering, Sales Expectation Is Low
- Retail Confidence Is On The Rise Annually For The First Time In 13 Months
- Retail Confidence Index Continued Its Horizontal Course For The Last 11 Months
- Retail Confidence Decreases Due To Negative Expectations
- Retailers Are Not Satisfied With The First Six Months Of 2017
- In April, TEPE Is At Its Lowest Of The Last 99 Months
- Business Activity is not Recovering, TEPE is Still at Its Lowest
- Recovering From a Steep Decline in February Through Improved Expectations, TEPE is Still at Negative
- Decrease In The Expectations Has Negatively Affected Retail Confidence
- Retail Confidence Stagnant
- Retail Sector Performs Worse than 2013 in the First 9 Months of 2014
- Retail Sector Recovers Month-On-Month
- Ramadan and Festival Bolster Retail Confidence
- Retailers Discontented with the Past, Hopeless about the Future
- Have Retailers Lost Their Excitement?
- Confidence Down, Expectations Stagnant in the Retail Sector
- Business Activity Bolsters in the EU; Weakens in Turkey…
- First Time in 4 Years, More Than 60% of Retailers Say Business Declined
- Retailers are Unhappy with Business Volume but Optimistic about the Future
- TEPE Closes Year at 0.6
- Anticipated Recovery in the Retail Sector Surges to a 28-Month Peak
- Business Activities Recover in the Retail Sector
- Business Activities Up, Expectations Stronger Than Last Year
- Positive Expectations Scale Up TEPE
- Expectations in the Retail Sector Stronger than Last Year
- Retailers’ Mood Better than Last Year, Worse than April
- TEPAV: “Turkey’s Retail Sector Surpasses Europe at a Historic Rate”
- No Recovery in Retail Confidence in February
- Retail Confidence Rises in the EU While the Decline in Turkey Continues
- Expectations in the Retail Sector in the Rise After 5 Months
- Expectations in the Retail Sector Stagnate
- TEPE at its Lowest Since June 2010
- Expectations on Sales and Employment Deteriorate in the Retail Sector
- Retail Confidence Drops, Expectations Deteriorate
- Retail Confidence Still Inert around the Horizontal Axis
- Retail Confidence not yet in the Positive Zone
- Retailers Optimistic About 2012
- Negative Trend in TEPE Continues
- Retail Index Continues to Move along the Horizontal Axis
- Negative Trend in TEPE Continues
- TEPE in Decline, Expectations Deteriorate
- Positive Expectations for the Period Ahead Revive TEPE
- TEPE Remains Active But Expectations are Stable
- TEPE Three Years Old...
- Positive Trend in TEPE Continues
- TEPE Meets 2011 in the Positive Zone
- Positive Trend in Retail Confidence Continues Along with a Seasonal Drop
- TEPE in the Negative Zone in November 2010: -2.7
- TEPE Increases Year-On-Year by 11.4 Points in October
- Surge in TEPE Continues
- TEPE increased in July 2010
- TEPE decreased by 1.2 points in June
- TEPE decreased by 6.6 points in May
- TEPE reaches the highest level so far: TEPE improved by 9.0 points in April 2010 compared to the same period in the last year.
- Recovery in TEPE continues: TEPE increased by 11.6 percent in March 2010 compared to March 2009.
- Recovery signals for TEPE: TEPE improved by 15.5 points in February 2010 compared with February 2009
- Confidence Improves in Retail Sector
- European Comission - Retail Trade Survey Project I-II-III
