Albania’s retail sales growth speeds up to 5.7% y/y in Q1 2014

By bne IntelliNews July 2, 2014

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
Retail trade  106.8 115.7 123.0 129.0 112.8 5.7 -12.5
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
Cosmetics 126.7 126.1 127.1 127.3 129.0 1.8 1.3
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
Source:  INSTAT
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