Retail trade continues to recover in August, jumps 18.3 pct year-on-year

NEWS 30.09.202113:24 0 komentara
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Retail trade turnover in Croatia rose for the seventh consecutive month in August, by more than 18% year-on-year, indicating a recovery in spending after the knock-on effects of the coronavirus crisis.

The state statistics bureau on Thursday said that retail trade in August increased in real terms by 1.8 percent on the month and by 18.3 percent on the year.

That was the seventh consecutive month that retail trade saw a year-on-year increase, after it had been declining for 11 months in a row under the influence of the coronavirus crisis.

August saw a larger increase than July, when retail trade rose by 12.8 percent year-on-year.

In August, retail trade of food, beverages and tobacco products rose by 15.4 percent, while retail trade of non-food products, except for automotive oils and lubricants, jumped by 19.4 percent on the year.

In the first eight months of 2021, retail trade turnover went up by 13.5 percent year-on-year. In the entire 2020, it dropped by 5.8 percent.

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