Albania’s retail sales increased by 5.7% y/y in Q1 2014, accelerating from a 4.4% y/y rise in the previous quarter, the state statistics institute, INSTAT, informed in a statement.
Sales in non-specialized food stores grew by 4.8% y/y, reversing a 4.2% y/y drop in the previous three months. Sales of clothing and footwear registered a 24.4% annual increase in the observed period and sales of cultural and recreation goods in specialised stores advanced by 14.3% y/y. Turnover in specialised information and communication stores climbed 9.9% and cosmetics stores witnessed a 1.8% y/y rise.
By contrast, sales of food, beverages and tobacco in specialized stores declined by 12.1% y/y. Sales in other non-specialized stores were also down by 2.6% y/y in Q1 2014.
Retail sale of motor fuel grew by 7.5% y/y.
In quarterly terms, Albania’s Q1 retail sales decreased by 12.5%, following a 4.9% q/q rise in Q4 2013.
|Retail trade, volume index|
|I.13||II.13||III.13||IV.13||I.14||% y/y||% q/q|
|Non-specialized food stores||85.6||78.3||83.8||96.3||89.7||4.8||-6.9|
|Other non-specialized stores||90.8||96.0||99.8||107.7||88.4||-2.6||-17.9|
|Food, beverages, tobacco in specialized stores||109.4||113.6||123.1||116.4||96.2||-12.1||-17.4|
|IC equipment in specialised stores||122.9||117.5||141.8||136.6||135.0||9.9||-1.2|
|Other household equipment in specialised stores||105.7||131.7||132.9||153.0||111.5||5.5||-27.1|
|Cultural and recreation goods in specialised stores||70.4||75.4||117.8||120.9||80.4||14.3||-33.5|
|Clothing, footwear, leather goods||98.6||94.1||105.1||117.4||122.7||24.4||4.5|
|Other goods in specialised stores||39.6||43.7||36.3||43.6||53.9||36.1||23.6|
|Retail sale of motor fuel||141.8||162.1||174.8||171.4||152.4||7.5||-11.1|
The Albania’s central bank has announced it will issue a new ALL10,000 (€74.9) banknote. The new ALL10,000 banknote will have the highest value issued so far, as the current biggest value ... more
Albanian Prime Minister Edi Rama presented a new online platform for co-governance with citizens entitled “Albania We Want” on October 28. Ensuring functional and responsible ... more
Albania’s Balfin Group said it will invest over €300mn to build a commercial-residential complex in the Macedonian capital Skopje. Balfin Group is one of the largest regional companies, with a ... more