KSH: turnover of retail stores decreased by 10.1 percent in February

In February, the volume of sales in food and food-type mixed stores decreased by 8.6 percent, in non-food retail by 9.8 percent, and in fuel retail by 14.5 percent, adjusted for the calendar effect. In January-February 2023, the volume of traffic – also according to calendar-adjusted data – was 7.3 percent lower than in the same period of the previous year, KSH wrote.

In the second month, the sales volume of food-type mixed stores, which accounted for 77 percent of food retail sales, decreased by 9.6 percent, and that of food, beverage, and tobacco specialty stores by 5.3 percent compared to a year earlier.