Financial and Economic Developments  Developments in Consumption Prior to and After the Tax Hikes Overall 106  Household Electrical Appliances  s.a., average 16-18 months before the tax hike=100 October 2019 tax hike April 2014 tax hike  104 102 100 98 96 -18 months-12  -6  0  +6  +12  +18  150 s.a., average 16-18 months before the tax hike=100 140 130 120 110 100 90 80 -18months-12 -6 0 +6 +12  +18  Department Stores  Nondurable Goods 108 s.a., average 16-18 months before the tax hike=100  130 s.a., average 16-18 months before the tax hike=100 120  104  110  100  100  96  90  92  80 -18months-12  -6  0  +6  +12  +18  -18 months-12  -6  0  +6  +12  +18  Notes: 1.
We have emphasized that the industry should work together with one common goal, namely the creation of at least one additional pan-European card scheme. This would increase the choice of stakeholders and allow for diversity in products, business models and governance arrangements.