Albania’s retail sales index increased by 2.8% y/y in Q3 2013, slowing down from a 6.4% y/y rise in the previous quarter, the state statistics institute, INSTAT, informed.
Food, beverages and tobacco sales in non-specialized stores increased by 4.8% y/y and sales in other non-specialized stores advanced by 4.9% y/y. Sales of household equipment picked up by 10.5% y/y in Q3. Turnover in pharmaceutical stores grew by 17.8% y/y in Q3 2013. Sales of clothing and footwear also registered an annual increase in the observed period.
On the other hand, sales in non-specialized food stores shrank by 28.3% y/y in the period and sales of book, newspaper and stationery stores edged down by 1.2% y/y.
The index of trade and maintenance of motor vehicles decreased by 5.3% y/y, reflecting a 8.1% y/y growth in fuel sales.
In quarterly terms, Albania’s Q3 retail sales increased by 6.5%, following a 2.7% q/q rise in Q2.
Retail trade, volume index | |||||||
III.12 | IV.12 | I.13 | II.13 | III.13 | % y/y | % q/q | |
Retail trade | 179.0 | 201.4 | 168.3 | 172.9 | 184.1 | 2.8 | 6.5 |
Non-specialized food stores | 177.4 | 230.1 | 119.4 | 129.6 | 127.3 | -28.3 | -1.8 |
Other non-specialized stores | 196.0 | 207.7 | 157.6 | 206.3 | 205.6 | 4.9 | -0.4 |
Food, beverages, tobacco in specialized stores | 121.9 | 125.8 | 149.4 | 115.6 | 127.8 | 4.8 | 10.5 |
Pharmaceuticals | 328.2 | 347.9 | 374.7 | 347.8 | 386.6 | 17.8 | 11.2 |
Clothing, footwear, leather goods | 161.9 | 176.4 | 233.5 | 202.3 | 233.0 | 43.9 | 15.2 |
Household equipment | 198.8 | 224.0 | 168.9 | 211.8 | 219.6 | 10.5 | 3.7 |
Books, newspapers, stationery | 155.8 | 159.7 | 130.6 | 141.1 | 153.9 | -1.2 | 9.1 |
Sale and maintenance of motor vehicles | 250.7 | 236.2 | 206.6 | 226.6 | 237.4 | -5.3 | 4.8 |
Retail sale of automotive fuel | 235.8 | 217.2 | 185.6 | 203.3 | 216.7 | -8.1 | 6.6 |
Source: INSTAT |
The European Investment Fund (EIF), part of the EIB Group, said on April 15 that it has signed guarantee agreements with 11 banks and financial intermediaries in the Western Balkans. These ... more
EIB Global, the financial arm of the European Investment Bank (EIB) for activities beyond the EU, set a new record by investing €1.2bn in the Western Balkans in 2023, the EIB said on February 9. ... ... more
Albanian banks reported profits of ALL28.5bn (€271.7bn) in 2023, according to data from the Albanian Association of Banks. All banks in the country reported a profit for the year. The most ... more