Macedonia’s September retail sales post first y/y growth in 18 months

By bne IntelliNews November 17, 2014

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      
Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

ArcelorMittal proposes to divest assets in Czech Republic, Macedonia and Romania

International steel and mining company ArcelorMittal said on April 13 it has proposed a divestment package to the European Commission in a bid to obtain approval for its planned acquisition of ... more

Macedonian MPs debate no-confidence motion against government

Macedonian MPs started debating a no-confidence motion filed by the opposition VMRO-DPMNE party against the government on April 11. The opposition party accused the government of increasing crime and ... more

Bulgaria’s Borissov appeals to Western Balkan leaders to preserve peace

Boyko Borissov, prime minister of the current EU Council chair Bulgaria, called on April 10 on the leaders of the Western Balkan countries to preserve peace and ... more

Most Read

  1. Romanian developers get in the game
    3 days ago
  2. Putin and Trump trying to walk back Syria strike and sanctions tensions
    3 days ago
  3. What’s the cost of US sanctions on Russia?
    4 days ago
  4. E-commerce dramatically eats into foot traffic at Moscow’s leading shopping malls
    15 days ago
  5. Romania entrepreneur aims to put home-grown UAV defence technology industry on the map
    5 days ago
  1. Fears raised of US conditioning F-35s sale on Turkey cancelling S-400 deal with Russia
    25 days ago
  2. COMMENT: Whisper it – ‘Erdonomics’ could be driving Turkey to a meltdown
    12 days ago
  3. KRUK REPORT: Nadia Savchenko, Ukraine’s fallen hero
    29 days ago
  4. Romanian developers get in the game
    3 days ago
  5. Putin and Trump trying to walk back Syria strike and sanctions tensions
    3 days ago

Selected articles from our premium news/views wire IntelliNews Pro

Login to IntelliNews Pro
Get IntelliNews Pro

Reports

Dismiss