Slovenia’s retail trade reaches highest growth ytd in May

 Slovenia’s retail trade reaches highest growth ytd in May
Volume indices of retail trade turnover, Slovenia (Ø 2015=100)
By bne IntelliNews June 30, 2018

Slovenia's volume turnover in retail trade reached its highest growth rate this year in May when it went up 3.1% m/m and 3.8% y/y, the Slovenian Statistical Office announced on June 29.

After in 2017 retail trade recorded growth of 8.2%, it will likely maintain the upward trend that began 2015 mainly thanks to higher employment and salaries.

The latest statistical office data indicated that the growth in May against April was mainly due to higher turnover in specialised stores with motor fuels (by 10.8%). Additionally, turnover in retail trade except automotive fuel increased by 0.7%, which is the highest growth this year. In May compared to April, sales of food increased by 0.8%, while sales of non-food products decreased by 0.3%.

Meanwhile, in May against May 2017, the largest increase was recorded in specialised stores with motor fuels (by 12.6%). Turnover also increased in retail trade with non-food (by 5.0%), while in retail trade with food it decreased (by 3.8%).

In the first five months of this year, volume turnover in retail trade increased by 0.4% over the same period of the previous year. In this period the sale of non-food products increased by 4.0% and the sale of automotive fuel by 1.6%, while the sale of food decreased by 4.9%, the statistical office announced on June 29.

Data

Dismiss