Retail turnover, up by 8.3pc in two months

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The turnover volume of retail trade increased, in the first two months of the year, by 8.3% against the same period in 2017, mainly due to the sales of consumer goods, the National Statistics Institute (INS) informs.

During January-February the growth of consumer goods sales, as gross series, was of 11.1%, of foodstuff, beverages and tobacco of 8.2% and of fuel for vehicles in specialised stores of 3.7%.

The turnover volume of retail (except for the trade with motor vehicles and motorcycles), as adjusted series by number of working days and seasonality, grew by 8.7%, due to the increases of consumer goods (+11.9%), foodstuff, beverages and tobacco (+8.4%) and trade with fuel for vehicles in specialised stores (+3.9%).

INS reveals that in February 2018 against February 2017 the retail trade businesses grew by 5%.

The volume of turnover in retail trade, as adjusted series, was up by 6.6%, whereas the sales of foodstuff, beverages and tobacco grew by 8%, consumer goods by 7.5%.

 

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