INS: Retail trade shows signs of slowing down

Compared to December 2022, in January 2023 the retail turnover volume (excluding the trade with motor vehicles and motorcycles) decreased as gross series by 22.0% and increased as adjusted series according to the number of working days and to seasonality by 0.7%, according to the latest report by the National Institute of Statistics (INS).

Compared to January 2022, in January 2023 the retail turnover volume (excluding the trade with motor vehicles and motorcycles) increased both as gross series by 5.7% and as adjusted series according to the number of working days and to seasonality by 5.3%.

January 2023 as against December 2022
As against the previous month, in January 2023 the retail turnover volume (excluding the trade with motor vehicles and motorcycles), gross series, globally decreased by 22.0% due to the decreases registered by the retail of automotive fuel in specialised stores (23.5%), by the sale of nonfood products (23.0%) and by the sale of food, beverages and tobacco (20.0%).

As against the previous month, in January 2023 the retail turnover volume (excluding the trade with motor vehicles and motorcycles), adjusted series according to the number of working days and to seasonality, globally increased by 0.7% due to the increases registered by the sale of food, beverages and tobacco (+3.2%) and by the sale of nonfood products (+3.0%). The retail of automotive fuel in specialised stores decreased by 8.3%.

January 2023 as against January 2022
As against January 2022, in January 2023 the retail turnover volume (excluding the trade with motor vehicles and motorcycles), gross series, globally increased by 5.7% due to the increases registered by the sale of nonfood products (+9.1%) and by the sale of food, beverages and tobacco (+5.4%). The retail of automotive fuel in specialised stores decreased by 0.4%.

As against January 2022, in January 2023 the retail turnover volume (excluding the trade with motor vehicles and motorcycles), adjusted series according to the number of working days and to seasonality, globally increased by 5.3% due to the increases registered by the sale of nonfood products (+8.3%) and by the sale of food, beverages and tobacco (+4.8%). The retail of automotive fuel in specialised stores decreased by 0.5%.

INSnational institute of statisticsretail tradeRetail turnoverslow down
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