Decrease of sales in retail trade in August

Economic indicators
Decrease of sales in retail trade in August

The volume of sales, excluding fuels, has decreased by 2.2% in August 2022 compared to the same month last year. In the same period, the sharpest increases were registered for ‘Retail sale of information and communication equipment in specialised stores’, ‘Automotive fuel in specialised stores’, ‘Retail sale via stalls and markets’ and ‘Other retail sale in non-specialised stores’ i.e. increases of 7.8%, 5.5%, 3.2% and 1.0%, respectively.

The sharpest decreases were observed in ‘Retail sale of food, beverages and tobacco in specialised stores’, ‘Textiles, clothing, footwear and leather goods in specialised stores’, ‘Retail sale via mail order houses or via Internet’ and ‘Retail sale of non-food products (except fuel)’, i.e. decreases of 6.4%, 5.2%, 4.7% and 4.0%.

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 will continue to answer the survey. The indices have been recalculated with the new methodology since 2010.