Retail trade in February increased by 0.4% compared to the same month of the previous year

At the monthly level, retail trade turnover remained the same

In February 2023, the total seasonally and working-day adjusted deflated retail trade turnover of all business entities engaged in this activity, irrespective of their main activity, was in real terms 0.0% and thus remained at the same level as in January 2023. Out of that, the retail trade turnover of food products increased by 0.6%, while the retail trade turnover of non-food products (except of automotive fuels and lubricants) decreased by 1.0%.

Increase in the real retail trade turnover at the annual level

In February 2023, compared to the same month of the previous year, the working-day adjusted retail trade turnover increased in real terms by 0.4%.

An increase of 9.3% in the retail trade turnover was generated by business entities whose main activity is other than retail trade. Out of that, the retail trade turnover of food, beverages and tobacco increased by 0.8%, while the retail trade turnover of non-food products (except of automotive fuels and lubricants) decreased by 2.3%.

In the first two months of 2023, the working-day adjusted retail trade turnover increased by 0.8% in real terms, compared to the same period last year.

Sale in non-specialised stores with food, beverages, and tobacco predominating had the largest impact on the increase in nominal turnover

The largest impact on the increase in the nominal turnover in February 2023 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 15.7% and an impact on the total turnover of 5.7%, Motor vehicles, parts and accessories for motor vehicles, with a rise in turnover of 43.1% and an impact on the total turnover of 1.6%, and Automotive fuels and lubricants, with a rise in turnover of 9.1% and an impact on the total turnover of 1.6%. Accordingly, the total gross retail trade turnover increased in nominal terms by 13.9% compared to the same month of the previous year.

A decrease in the nominal turnover in February 2023 compared to the same month of the previous year, according to gross, unadjusted indices, was recorded in two trade branch: Other non-store retail sale, with a fall in turnover of 6.2%, and Retail sale via Internet or via mail order, with a fall in turnover of 3.8%.

Find out more information in the First Release.  
 

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