Retail sales in Slovakia continued to fall in September

The decline in retail sales in Slovakia deepened further in September. The Slovak Statistics Office (ŠÚ) reported that retail sales in September fell by 1.7 percent, compared to a 0.9-percent fall in August, the SITA newswire wrote.

The decline in retail sales in Slovakia deepened further in September. The Slovak Statistics Office (ŠÚ) reported that retail sales in September fell by 1.7 percent, compared to a 0.9-percent fall in August, the SITA newswire wrote.

In financial terms, the volume of retail sales in September reached €1.525 billion. For the first three quarters of this year, retail sales totalled €13.123 billion, a year-on-year decrease of 0.3 percent. Monthly retail sales in September compared to August fell by 0.4 percent, the SITA newswire reported, citing the ŠÚ data. The annualised development of retail sales was influenced by lower sales in retail trade of other household equipment in specialised outlets by 5.6 percent, in retail trade of other goods in specialised outlets by 3.6 percent, in retail sales outside stores, stalls or markets by 3.3 percent, and in retail sale of motor fuels in specialised outlets by 2.5 percent. Sales in non-specialised outlets grew by 0.9 percent.

Retail sales in Slovakia have been declining for three years. The sector has suffered from the impact of the economic crisis as well as from shopping tourism, resulting in 2009 in a year-on-year drop in retail sales of over 10 percent. Retail sales fell again in the following two years, in 2011 by 2.8 percent.

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.

Get daily Slovak news directly to your inbox

Top stories

News digest: Who is ready for a vaccine in Slovakia

Vlhová won again. Boris Kollár is at home and will meet coalition partners to discuss GP vote. Justice Minister shows a new map.

Illustrative stock photo

Roundup: Bratislava’s Old Market Hall hosts Christmas markets

If you have not watched the 'Dracula' miniseries, filmed in Slovakia last year, it is about time.

Bratislava’s Old Market Hall will provide visitors with Christmas vibes in the coming four weeks. Each week, from Wednesday to Saturday, people can do a little bit of Christmas shopping at the venue.

From COVID-19 miracle to apparent resignation to death and dying

The natural reflex of all failed politicians – and their uncritical fan clubs – is to point to cultural or geographical differences between “us” and “them”.

The COVID-19 ward in the University Hospital Martin