Spectator on facebook

Spectator on facebook

Retail sales lag behind last year's figures

Retail sales have continued to lag behind last year's reported levels with the Slovak Statistics Office reporting that retail sales in June 2011 were €1.479 billion, down 4.2 percent year-on-year, the SITA newswire reported. Compared with May, the yearly decrease deepened by 0.7 percentage points.

Retail sales have continued to lag behind last year's reported levels with the Slovak Statistics Office reporting that retail sales in June 2011 were €1.479 billion, down 4.2 percent year-on-year, the SITA newswire reported. Compared with May, the yearly decrease deepened by 0.7 percentage points.

Retail sales last registered an annual increase in June 2010. Since February 2011, the indicator had been mostly flat.

The Statistics Office attributed the lagging retail sales to lower sales of fuels in specialised outlets (-14.9 percent), sales outside stores, stalls and markets (-3.9 percent), retail sales in non-specialised outlets (-3.4 percent), and retail sales of other goods in specialised outlets (-2.8 percent).

The only growth in retail sales was seen in IT equipment in specialised outlets, by 4.2 percent, and in retail sales of other goods for households in specialised outlets, up 0.7 percent.

The wholesale sector reported sales of €1.95 billion in June, down 1.1 percent y-o-y. In monthly terms, the drop in June was 1.4 percent. In the first half of this year, retail sales totalled €8.302 billion, which was two percent less than in the same period in 2010. Wholesale sales fell 1.3 percent to €11.181 billion.

Source: SITA

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

LGBTI people in the regions: We change people’s minds

Bratislava will dress up in rainbow colours this August again, for the seventh time. This will be for the Bratislava Dúhový Pride diversity festival. But the colours of the rainbow are less bright in the regions,…

Slovakia’s LGBTI community seeks to expand their rights.

Foreigners: Top 10 events in Bratislava Video

Tips for the top 10 events in the capital between August 18 and August 27, as well as regular services in different languages, training for foreigners in English and highlights of the year.

Pivobrana - Beer Festival

Have you ever climbed a via ferrata? Photo

In central Slovakia, there is one also suitable for beginners. Here are some of the views it offers.

Agrokomplex opens its gates Photo

This year’s exhibition has more discussions with experts and a family programme.