Monthly survey on retail trade - 2024-12

Published on the 21st of January 2025

Turnover in retail trade fell slightly in December

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 December, retail sales dipped slightly by 0.6% on the previous month (data adjusted for seasonal and working day variations), following a very small decline of 0.1% in November. Manufactured goods sales were also down, by 1.0%, after remaining stable last month, while food sales edged down by 0.1%, in line with their performance in November. Sales of manufactured goods sub-sectors posted mixed results: books (1.6% after -0.7%), press and stationery (0.8% after -0.9%), and consumer electronics (0.6%, after -3.1%) in particular were up, while furniture (-5.2%, after -0.5%) and sports equipment (-4.3% after -1.7%) lost ground.

In terms of distribution channels, supermarket sales rose by 0.4% in December, while hypermarket and department store sales fell by 2.4% and 3.0% respectively. Sales of small retailers were stable.

Three-month-on-three-month, overall turnover in retail trade dropped slightly by 0.5%, due to the moderately lower sales of manufactured goods and food products, down -0.6% and 0.2% respectively.
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 20th of January 2025