Friday, March 29, 2024

Retail turnover in November: 3.7% less than a year ago / Article

Date:

Retail trade of food products increased by 0.3%. Non-food retail trade, excluding automotive fuel retail, decreased 7.3% and automotive fuel retail decreased 2.6%.

In comparison with November 2020, the most significant increase in turnover occurred in the retail sale through mail order houses or on the Internet (by 35.1%) and in the retail sale of pharmaceutical and medical products (in a 6.2%). The decrease in turnover occurred in the retail sale of cultural and recreational goods (by 15.5%), the retail sale of hardware, construction tools and materials, and sanitary equipment (by 14.9% ) and the retail sale of clothing, footwear and leather goods (14.6%). ).

Total turnover of retail trade companies at current prices, excluding the effect of calendar days, increased by 5.9%.

November 2021 compared to octoberAccording to seasonally adjusted data at constant prices, the turnover of retail companies decreased by 3.6%. Retail trade of food products was down 1.4%. Non-food retail trade excluding automotive fuel retail decreased 5.3%, automotive fuel retail decreased 4%.

Compared to the previous month, the most significant increase in turnover this year was in the retail sale through mail order houses or on the Internet (11.2%), the retail sale household appliances (4.8%) and non-specialized stores that sell non-food products (3.6%). The greatest decrease in turnover was produced in the retail sale through stalls and markets (20.9%), the retail sale of clothing, footwear and leather goods (19.4%) and the sale to the retail of pharmaceutical and medical products (9.4%).

In November 2021, compared to October, the total turnover of retail trade companies at current prices, excluding seasonality, decreased by 5.4%.

In November, food product retail turnover grew slightly faster than before and was 2.6% higher than in November 2020.

Retail fuel billing at gas stations in November was similar to the previous month and decreased by 2.4% compared to November 2020.

In general, in January-November of this year, the turnover of the retail trade increased by 1.8%, according to the Ministry of Economy (MoE).

Non-food retail trade increased 1.7%, fuel retail trade increased 6%, while food trade was virtually unchanged at 0.4%.

The MoE predicts that the future situation of retail will also be affected by the spread of the Covid-19 infection and measures to control it. Citizens continue to be encouraged to take advantage of the opportunities offered by distance selling and consequently to visit outlets less frequently.

CONTEXT:

In October 2021, compared to October 2020, the turnover of the retail trade decreased by 2.3%. Turnover in September compared to September 2020 increased by 3.9%. Turnover in August compared to August 2020 increased 3.7%. In July, compared to July last year, increased by 4.8%, retail in June billing increased by 5.9%. In May and April, on the other hand, the annual turnover of the retail trade decreased respectively. by 3.2% to 15.6%due to the Covid-19 crisis and the measures taken to control the spread of the infection. In March 2021, the retail turnover increased annually. by 3.2%, but in February of this year it was 8.5% less than a year ago. Also in January 2021 January annual retail turnover decreased by 8.9%.

In 2020, compared to 2019, the turnover of the retail trade increased by 1.5%. On the other hand, in 2019, compared to 2018, the turnover of the retail trade increased by 2.3%.

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Ebenezer Robbins
Ebenezer Robbins
Introvert. Beer guru. Communicator. Travel fanatic. Web advocate. Certified alcohol geek. Tv buff. Subtly charming internet aficionado.

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