Retail trade - August 2024

In August 2024, the seasonally adjusted index for retail trade fell by 0.5% in value terms, likewise volume contracted by 0.4% compared to the previous month.

Over the three-month period ending in August 2024, the value of retail sales increased by 0.2%, while sales volume declined by 0.1% compared to the preceding three-month period.

On a year-on-year basis, the value of retail trade grew by 0.8%, with a modest increase of 0.2% in volume.

In August 2024, large-scale distribution saw a year-on-year growth of 3.0%, while small-scale distribution contracted by 0.9%. Non-store retail sales declined by 2.0%. Following a rise in July, online sales registered a notable year-on-year decline in August 2024, falling by 4.7% compared to August 2023.

Within the non-food product category, year-on-year performance showed mixed results. The largest growth was observed in Cosmetics and personal care products, which increased by 3.3%, while Tools experienced the sharpest decline, decreasing by 2.1%.