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Retail trade increased in November 2024 by 6.7% at the annual level

The increase continued for the 20th consecutive month

In November 2024, the seasonally and working-day adjusted deflated retail trade turnover of all business entities engaged in this activity was in real terms 0.8% higher than in October 2024. Out of that, the retail trade turnover of food products increased by 0.2%, whereas the retail trade turnover of non-food products (except of automotive fuels and lubricants) decreased by 0.8%.

In November 2024, compared to the same month of the previous year, the working-day adjusted retail trade turnover increased in real terms by 6.7%. Out of that, the retail trade turnover of food products, beverages and tobacco increased by 6.6% and the retail trade turnover of non-food products (except of automotive fuels and lubricants) by 8.8%.

The largest impact on the increase in the nominal turnover in November 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 12.1% and an impact on the total turnover of 4.1%, Dispensing chemists, medical and orthopaedic goods, optical products, cosmetic and toilet articles, with a rise in turnover of 15.1% and an impact on the total turnover of 1.3%, and Other non-specialised stores with non-food products, with a rise in turnover of 15.1% and an impact on the total turnover of 1.1%. Accordingly, the total gross retail trade turnover increased in nominal terms by 9.1% compared to the same month of the previous year.

Find out more information in the First Release.

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