Macedonia’s September retail sales post first y/y growth in 18 months
Macedonia’s retail sales returned to a y/y growth (in real terms) for the first time in 18 months, rising 2.3% y/y in September, statistics office data showed. In August, retail sales fell 3.8% y/y.
Sales of food, beverages and tobacco grew 5.1% y/y in September, while sales of non-food products (except fuel) fell 4.6% y/y and fuel sales contracted 3.7% y/y.
In nominal terms, total retail sales went up 1.4% y/y in September, reversing a 4.6% y/y drop the month before. Retail trade accounted for 41.3% of the total distributive trade turnover.
Wholesale trade turnover rose by a nominal 34.4% y/y in September, slightly accelerating from a 33.2% y/y growth in August. The sub-sector accounted for 52.8% of the total turnover.
Turnover of trade and repair of motor vehicles and motorcycles expanded by a nominal 24.5% y/y in September, speeding up from a 6.7% y/y growth in the previous month. The sub-sector accounted for 5.6% of the total turnover.
| Distributive trade turnover, % y/y | |||
| Jul'14 | Aug'14 | Sep'14 | |
| Motor vehicles and motorcycles, nominal | 15.7 | 6.7 | 24.5 |
| Wholesale trade, nominal | 22.8 | 33.2 | 34.4 |
| Retail trade | |||
| - nominal | -5.9 | -4.6 | 1.4 |
| - real | -5.9 | -3.8 | 2.3 |
| Source: Statistics office |
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