Turnover loss retail sector

01/02/2013 09:30

In November 2012, the retail sector faced a nearly 2 percent turnover loss relative to twelve months previously. Retail prices were nearly 3 percent up. The volume of retail sales was down by 4 percent from one year previously.

Turnover generated by food, drink and tobacco shops was 4.5 percent higher in November 2012 than twelve months previously, but turnover in the non-food sector fell by nearly 6 percent. Traditional shop sales account for more than 80 percent of total retail turnover. Petrol stations, mail-order firms and online shops are also included in the retail sector. Mail-order firms and online shops generated nearly 7 percent more turnover compared to November 2011, but petrol stations faced more than 3 percent turnover loss.

Retail turnover is affected by the shopping-day pattern. The  shopping-day pattern was more favourable in November 2012 than in November 2011. The positive effect on turnover is estimated at approximately 2 percent.

The figures in this article were updated based on retail figures released on 15 January 2013. The revision is based on more recent and more detailed information.

Retail turnover

Retail turnover

More figures can be found in dossier Business cycle.       

For more information on economic indicators, see the Economic Monitor.