Retail revenue in 2020 down almost 10% year-on-year

Ljubljana – Revenue in retail in real terms in Slovenia was down last year by 9.7% compared to 2019, the Statistics Office reported on Wednesday. The largest drop, by 23.6%, was recorded by shops specialised in sale of motor fuels.

The Statistics Office noted that, after four months of decline on the monthly level, revenue in retail in real terms last December was up by 0.1% compared to the month before.

In December alone, revenue in retail was up by 0.8% compared to November, excluding motor fuel sales. In shops specialised in sale of motor fuels, revenue was up by 0.5% on the monthly level.

Revenue from retail sales of non-food products was up by 0.2% in December on the monthly basis, and revenue from retail sales of food was up by 0.3%.

Year-on-year, revenue in retail in real terms in December was down by 13.3% when sales of motor fuels are included. Without these sales, revenue in retail last month was down 8.6% year-on-year.

Compared to December 2019, revenue from retail sales of non-food products was down by 16.1%, while revenue from retail sales of food was up by 1.4%.

The post Retail revenue in 2020 down almost 10% year-on-year appeared first on Slovenia Times.

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