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Serbia's retail sales growth accelerates to 5.0% y/y in Oct

Nov 30, 2022, 1:50:58 PMArticle by Djordje Jajcanin
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November 30 (SeeNews) - Serbia's retail sales increased by a real 5% year-on-year in October, after recording a 5.2% annual rise in September, the statistical office said on Wednesday.

Serbia's retail sales growth accelerates to 5.0% y/y in Oct
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Month-on-month, retail sales went up by 4.1% in October, following a 4.1% decrease in September, the statistical office said in a statement. In the ten months through October retail sales went up by a real 7.1% compared to the respective period in 2021.

At current prices, October retail sales added 23.8% on the year and were 6.2% higher on the month.

Following are details of Serbia's retail trade turnover by main categories (y/y pct change, real):

October '22 September '22
Retail trade, except for motor vehicles and motorcycles 5.0 5.2
Food, beverages and tobacco 2.2 3.2
Non-food products 0.6 3.4
Automotive fuel 19.2 12.4

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