Decrease in retail sales in January 2022

Economic indicators
Decrease in retail sales in January 2022

The volume of sales, excluding fuels, has decreased by 2.6% in January 2022 compared to the same month last year. In the same period, the sharpest increases were registered for ‘Retail sale via stalls and markets’, ‘Dispensing chemist; retail sale of medical and orthopaedic goods, cosmetic and toilet articles in specialised stores’, ‘Automotive fuel in specialised stores’ and ‘Textiles, clothing, footwear and leather goods in specialised stores’, i.e. increases of 11.2%, 10.6%, 9.4% and 8.4%, respectively.

The sharpest decreases were observed in ‘Retail trade not in stores, stalls or markets’, ‘Retail sale via mail order houses or via Internet’, ‘Cultural and recreation goods in specialised stores’ and ‘Retail sale in non-specialised stores with food, beverages or tobacco predominating’ i.e. decreases of 11.0%, 9.7%, 7.6% and 6.3%, respectively.

These indices are expressed with reference year 2015=100.

From January 2021, following the new European FRIBS regulation (Regulation (EU) 2019/2152), breakdowns for retail trade have changed. Some breakdowns no longer exist and new ones have been implemented. Our methodology also changed: the main data source is the VAT declaration of enterprises to the FPS Finances, and no longer a survey. Only +/- 340 major enterprises continue to answer the survey. Indices have been recalculated since 2010 with the new methodology.