Business trade up by 6.3 pc y.o.y in January

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The turnover of retail trade, except for auto sales, fell in January by 24.4% as gross series and climbed 1.6% as adjusted series by number of working days and seasonality, and compared to January 2014 is higher by 6.3% gross series, by 6.8% adjusted series, the National Statistics Institute (INS) informs.

The development was influenced by the decrease in sales of non-food products (26.1% gross against the last month of 2014), the sale of food, beverages and tobacco (24.8%) and retail trade of automotive fuel in specialized stores (20.2%).

“The turnover of retail trade (except for trade of motor vehicles and motorcycles), adjusted series by number of working days and seasonality, was in January 2015, as compared to the previous month, by 1.6% higher, following increases in sales of food, beverages and tobacco (+ 3.2%) and retail trade of automotive fuel in specialized stores (+ 0.2%). Sales of food products fell by 0.3 %,” the release reads

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