Retail trade higher by 7.9% in July 2024 at the annual level

All nine trade branches recorded an increase in turnover

In July 2024, the total seasonally and working-day adjusted retail trade turnover of all business entities engaged in this activity was in real terms 2.9% higher than in June 2024. Out of that, the retail trade turnover of food products increased by 4.7%, and the retail trade turnover of non-food products (except for automotive fuels and lubricants) by 3.4%.

In July 2024, compared to the same month of the previous year, the working-day adjusted retail trade turnover increased in real terms by 7.9%. Out of that, the retail trade turnover of food, beverages and tobacco increased by 5.6%, and the retail trade turnover of non-food products (except for automotive fuels and lubricants) by 12.9%.

In the first seven months of 2024, the working-day adjusted retail trade turnover increased in real terms by 8.0% compared to the same period of the previous year.

In July 2024, compared to the same month of the previous year, according to gross, unadjusted indices, all nine trade branches recorded an increase in turnover. The largest impact on the increase in the nominal turnover in July 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 7.5% and an impact on the total turnover of 2.9%, Dispensing chemists, medical and orthopaedic goods, cosmetic and toilet articles, with a rise in turnover of 23.7% and an impact on the total turnover of 1.8%, and Automotive fuels and lubricants with a rise in turnover of 9.2% and an impact on the total turnover of 1.8%. Accordingly, the total gross retail trade turnover increased in nominal terms by 10.3% compared to the same month of the previous year.

Additional information can be found in the First Release.

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