Citizens of North Macedonian spent a total of €133.7mn on online purchases in 2018, up 17.8% from a year earlier.
This indicates that confidence in e-commerce and online shopping is increasing in the country of 2.1mn people. However the growth is slower than a year earlier when it stood at 21%.
Due to the limited offer of online products and services in North Macedonia, most of the transactions were with online stores abroad which accounted for 64% of the total value of online transactions, Fokus magazine reported on April 1 citing central bank data.
The remaining 36% of the value of transactions went to local online shops.
The number of bank cards totaled 1.841mn at the end of 2018, 0.4% up from a year earlier.
The adjusted annual growth in April owes to production expanding 14% y/y in the most-weighted manufacturing segment, compared to a growth of 7% y/y the preceding month.
The pick-up owes to the calendar effect, with sales spiking because of Easter but also to Polish households’ general inclination towards increased consumption, driven by the good situation on the labour market – low unemployment and growing wages.
Russia's industrial output growth in April 2019 jumped to 4.9% year-on-year after 1.2% growth in March, according to the latest data by Rosstat statistics agency. Russia on track to finish the year with 2.3% industrial production growth
The headline figure attests to the Polish industrial sector’s stubbornness to give in to negative trends in the external environment, especially the slowdown of activity in Germany, Poland's largest trading partner.
Retail trade increased 9.1% y/y in real terms in April, slightly accelerating from 8.9% y/y in March