| Macedonias retail trade turnover dropped by a nominal 6.6% y/y in March, reversing a 1.1% y/y increase in February, data from the statistics office showed. In real terms, the retail trade turnover dropped by 7.6% y/y in March, a significantly wider decrease than 1.2% y/y in the previous month. Retail trade accounted for 47% of total distributive trade turnover in March. On the other hand, wholesale trade turnover rose by a nominal 13% on the year in March, accelerating from 9.7% in the previous month. Wholesale trade accounted for 47% of total distributive trade turnover. Turnover of trade in and repair of motor vehicles and motorcycles accounted for the remaining 6% of the total. Turnover in this subsector decreased by a nominal 6.9% y/y in March, a significantly narrower contraction than 19.4% y/y in February. |
Related Articles
Macedonias 2013 tobacco crop expected to exceed 30,000 tonnes.
Macedonias tobacco crop is expected to increase by 20% to over 30,000 tonnes in 2013, Utrinski vesnik daily reported quoting Danco Mileski, president of the countrys tobacco association. The ... more
Macedonia cancels tender for gas distribution network feasibility study.
The transport ministry has cancelled the tender for preparing a feasibility study for developing the countrys natural gas distribution network, build.mk portal reported. Reportedly, two bids were ... more
Komercijalna Banka wins Global Finance award Best Bank in Macedonia for 2013.
Large-sized commercial bank Komercijalna Banka announced that it has won the award Best Bank in Macedonia for 2013 by the magazine Global Finance. The Macedonian bank wins the award for a 10th ... more
Most Read
-
Putin to skip Rio BRICS summit over ICC warrant as Xi signals no-show
13 days ago
-
Turkey yet to prove rare earth deposit has suggested “giant” potential despite reported processing talks with China
10 months ago
-
Uproar in Mongolia as development bank reveals scale of risky loans and NPLs
3 years ago