Albanias retail sales edge down 1.2% y/y in Q2 2012.

By bne IntelliNews September 12, 2012
Albanias retail sales index decreased by 1.2% y/y in Q2 2012, falling for a second consecutive quarter, the state statistics institute, INSTAT, informed. However, the Q2 drop eased from the 8.3% decline in January to March 2012. Food sales in non-specialised stores saw the largest annual decline of 37.9% y/y in Q2 2012. Sales in other non-specialised stores went down 30.1% y/y. Food, beverages and tobacco sales in specialised stores edged down by 0.6% y/y. On the other hand, sales of pharmaceuticals picked up by 31.2% y/y followed by 26.4% y/y growth in sales of household equipment. Turnover in books, newspapers, stationery also increased, by 12.7% y/y in Q2. The index of trade and maintenance of motor vehicles increased by 10.5% y/y, reflecting a 31.3% y/y growth in the fuel sales. In terms of quarterly comparison, Albanias Q2 retail sales increased by 9.8% q/q. All groups comprising the overall index registered q/q expansion in Q1, which in our view, could be partly attributed to low base effect.
Retail trade, volume index
II.11 III.11 IV.11 I.12 II.12 % y/y % q/q
Retail trade 164.5 178.7 190.9 148.0 162.6 -1.2 9.8
Non-specialized food stores 188.0 208.4 203.0 107.8 116.7 -37.9 8.3
Other non-specialized stores 209.0 244.0 207.4 119.2 146.1 -30.1 22.6
Food, beverages, tobacco in specialized stores 122.3 106.3 131.6 126.9 121.6 -0.6 -4.2
Pharmaceuticals 264.4 303.6 344.7 346.5 347.0 31.2 0.1
Clothing, footwear, leather goods 181.6 161.6 183.3 142.2 185.4 2.1 30.4
Household equipment 143.4 179.1 236.7 157.6 181.3 26.4 15.0
Books, newspapers, stationery 135.9 148.8 120.0 140.6 153.1 12.7 8.9
Sale and maintenance of motor vehicles 181.2 247.7 219.7 178.4 200.3 10.5 12.3
Retail sale of automotive fuel 136.2 216.1 187.8 153.8 178.8 31.3 16.3
Source: INSTAT
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