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Press release

Retail trade - January 2024

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Starting from this bulletin (referred to January 2024) onwards, indices on retail trade will be calculated with reference to the base year 2021=100.

In January 2024 estimates for seasonally adjusted index of value sales slightly fell by 0.1% in the month on month series and volume contracted by 0.3%.

In the three months to January 2024 value of sales grew by 0.3% and volume of sales decreased by 0.1% when compared with the previous three-month period.

Value of retail trade, in January 2024, continued to grow in the year on year series, rising by 1.0% and showing an upward trend since February 2021, while volume sales fell by 2.1%.

In January 2024, when compared with the same month a year earlier, large-scale distribution was up 1.4%, small-scale distribution grew by 0.5% and non-store retail sales dropped by 0.4%.

Online sales grew by 1.0% when compared with January 2023.

Looking at the value of sales for non-food products, data outlined a mixed picture across different categories in the year on year series. The strongest growth was reported for Cosmetic and toilet articles (+5.8%), while the largest fall was reported for Electric household appliances, audio-video equipment (-4.9%).

Reference period: January 2024

Date of Issue: 15 March 2024

Next release: 10 April 2024



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