Increase in retail trade turnover of 8.9% in March 2024 at the annual level

Increase realised in eight trade branches 

In March 2024, compared to the same month of the previous year, the working-day adjusted retail trade turnover increased in real terms by 8.9%. Out of that, the retail trade turnover of food products, beverages and tobacco increased by 8.2% and the retail trade turnover of non-food products (except of automotive fuels and lubricants) by 10.0%.
 
The increase in the turnover in March 2024 compared to the same month of the previous year, according to gross, unadjusted indices, was recorded in eight trade branches, while a decrease was recorded in only one trade branch.
 
The largest impact on the increase in the nominal turnover in March 2024 compared to the same month of the previous year, according to gross, unadjusted indices, was recorded in the following trade branches: Non-specialised stores with food, beverages and tobacco predominating, with a rise in turnover of 19.2% and an impact on the total turnover of 7.1%, Automotive fuels and lubricants, with a rise in turnover of 16.1% and an impact on the total turnover of 2.8%, and Dispensing chemists, medical and orthopaedic goods, cosmetic and toilet articles, with a rise in turnover of 25.1% and an impact on the total turnover of 2.2%. Accordingly, the total gross retail trade turnover increased in nominal terms by 14.5% compared to the same month of the previous year.
 
In March 2024, the total seasonally and working-day adjusted deflated retail trade turnover of all business entities engaged in this activity was in real terms 0.1% lower than in February 2024. Out of that, the retail trade turnover of food products decreased by 0.4% and the retail trade turnover of non-food products (except of automotive fuels and lubricants) by 3.7%.
 
Find out more information in the First Release.

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