Retail Trade in February up 4.9%

Total Croatia News

ZAGREB, March 30, 2020 – Retail trade in Croatia in February 2020 compared with February 2019 was up 4.9% in real terms the Croatian Bureau of Statistics (DZS) reported on Monday.

DZS’s report shows that retail trade increased both on the year and on the month.

According to DZS, total seasonally and working-day adjusted retail trade in February increased by 0.2% on the month in real terms whereas on the year it increased by 4.9% in real terms.

Real retail trade turnover has been growing since June 2019. In February this growth, however, was at a slower rate than in January 2020 when it increased by 6.2%.

In February 2020, as compared to the same month of the previous year, retail trade in food, beverages and tobacco increased by 9.9% and in non-food products (except of automotive fuels and lubricants) by 13.1%.

All trade branches realised a growth and the total gross trade turnover increased by 11.2% in nominal terms, as compared to February 2019.

The largest impact on that growth according to source indices were by non-specialised stores with food, beverages with a growth of 13.3%, followed by pharmacies, medical and orthopaedic products, cosmetics and toiletries with a growth of 19.6%.

More economic news can be found in the Business section.


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