Retail turnover marginally higher

Retail turnover was 1 percent up in January 2012 from January 2011. Prices of retail commodities sold in January were almost 3 percent higher. As a result, the volume of retail sales shrank by nearly 2 percent.

Shops in the non-food sector suffered a turnover loss of 1 percent. Household appliances shops generated a substantial turnover growth, whereas home furnishing and consumer electronics sales dropped dramatically.

Food, drinks and tobacco shops recorded a 3 percent turnover growth relative to one year previously. Supermarket sales grew considerably, but sales generated by specialist shops declined.

Petrol stations achieved a turnover growth by 2.5 percent. Petrol prices were 7 percent higher. Apart from traditional shops and petrol stations, the retail sector also includes mail-order firms and online shops. Their turnover was 7 percent up.

The figures in this article have been updated relative to retail figures released on 15 March 2012. The revision is based on more recent and more detailed information.

Retail turnover

Retail turnover

More figures can be found in dossier Business cycle.