Retail trade increased in November 2023 by 7.3% at the annual level

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The greatest increase in the retail trade turnover in real terms at the annual level since October 2021

In November 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 1.2% higher than in October 2023. Out of that, the retail trade turnover of food products decreased by 2.7%, while the retail trade turnover of non-food products (except of automotive fuels and lubricants) increased by 5.0%.

In November 2023, compared to the same month of the previous year, the working-day adjusted retail trade turnover increased in real terms by 7.3%, which is the greatest increase in turnover since October 2021, when that increase was 8.7%. Out of that, the retail trade turnover of food products, beverages and tobacco increased by 2.1%, while the retail trade turnover of non-food products (except of automotive fuels and lubricants) increased by 13.3%.

The largest impact on the increase in the nominal turnover in November 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 9.0% and an impact on the total turnover of 3.0%, Dispensing chemists, medical and orthopaedic goods, cosmetic and toilet articles, with a rise in turnover of 21.7% and an impact on the total turnover of 1.8%, Motor vehicles, parts and accessories for motor vehicles, with a rise in turnover of 43.8% and an impact on the total turnover of 1.7%, and Textile, clothing, footwear and leather goods with a rise in turnover of 20.1% and an impact on the total turnover also of 1.7%.

Find out more information in the First Release.

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