Retail trade in Slovakia decreased by 14,3% in April

Cristian Hatis 2 Min Read

A decrease in retail trade at the level of 14,3 % was influenced by lower turnover in all activities with the exception of retail sale in non-specialized stores, which increased by 2,5 % year-on-year (hypermarkets and supermarkets) in April 2020, latest Slovak Statistical Office shows.

The most significant decrease was recorded by retailers of other goods in specialized stores by 30,7 %.

The overall result of retail trade was also affected by a decrease in turnover in retail sale of automotive fuels in specialized stores by 25,9 %, which, however, is attributed to significantly lower unit prices of fuels compared to April 2019.

A significant decrease was also reflected in retail sale of other household equipment in specialized stores by 25,5 %.

The largest decrease in turnover by 51,2 % was in retail sale of cultural an recreation goods, which, however, does not represent a significant share of the total turnover in retail trade.

Turnover in retail trade in the first four months of 2020 compared with the corresponding period of 2019

Turnover in retail trade decreased by 4 %, a fall was almost in all activities, most significantly in retail sale of other goods in specialized stores by 11 %, in retail sale of automotive fuel in specialized stores by 10,4 % and in retail sale of other household goods in specialized stores by 11,7 %.

Turnover increased only in retail sale in non-specialized stores by 6 %.

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