The autumn started weakly in retail trade
Retail performance in September started off weaker compared to August, showing a 1.4% decline month-over-month after seasonal adjustments, partially attributed to disruptions from flooding.
This drop interrupted the upward trend observed since the year’s start, although year-on-year sales volumes grew by 1.7% in September due to a low base from previous years. Between January and September, retail volume increased by 2.7% overall, with food retail rising 3.8%, non-food at 2.3%, and fuel sales up by 0.6%.
Consumer confidence has been impacted by price shifts: food prices rose by 3.7% in September, while fuel prices dropped by 9.5%. E-commerce expanded by 11% year-on-year but now holds only 8.3% of retail due to intense competition from global players, including new entrants like Allegro. The GKI business confidence index reflected increased pessimism, especially within the retail sector, now seen as the most pessimistic industry.
Related news
Beef exports rebound
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >The EU is a net exporter of eggs and egg products
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Onions have become significantly more expensive
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
Eurostat: the number of guest nights spent in EU tourist accommodation establishments exceeded three billion in 2024
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >World Bread Day celebrated with a national charity event
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >This is how PENNY’s opening hours will be on the October and November holidays
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >