Monthly survey on retail trade - 2024-10

Published on the 22nd of November 2024

Turnover in retail trade declined very slightly in October

Note: The change in retail sales does not reflect the change in total household consumption as the latter includes other items such as health care, education and rents.

In October, turnover in retail trade declined very slightly (down 0.2%) month-on-month (data adjusted for seasonal and working day variations), after rising slightly in September by 0.2%. Sales of manufactured goods were down (by 0.2% after a 0.1% increase), with a drop in sales of DIY products (down 2.8% after a 0.4% increase), and to a lesser extent in perfumes and personal care products (down 1.7% after a drop of 0.1%) and pharmaceuticals (down 1.6% after a 0.9% increase). Bicycle and motorcycle sales recovered (up 4.4% after a 3.5% decline), together with sales of furniture (up 3.6% after a drop of 0.3%) and press and stationary (up 2.9%, after a 2.3% decrease). Food sales declined month-on-month by 0.3% after a 0.3% increase in September.

In terms of distribution channels, the sales of hypermarkets declined by 0.1% (after a 1.2% increase), unlike those of department stores and supermarkets, which rose by 1.2% (after a 2.4% increase) and 1.0% (after an increase of 0.9%), respectively.

Three-month-on-three-month, overall turnover in retail trade grew by 0.1%, with the 0.3% increase in manufactured goods sales offsetting the 0.1% decline in food sales.
Total manufactured goods and food sales
Month-on-month change (%) - Seasonally and working-day adjusted volumes
Notes:.
1) Sectors are classified according to the relative weight of the products included in the total aggregate of retail trade (weights are given on the right scale).
2) The aggregated and by sub-sector series are seasonally adjusted on an individual basis. Total and manufactured products series are reconstituted by aggregating the SA-WDA series of the sub-components.
3) SA-WDA: Seasonally and working-day adjusted.

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Updated on the 3rd of December 2024