Monthly survey on retail trade 2024Apr

Published on 27 May 2024

Manufactured goods sales fell by 1.5% in April

Note: The change in retail sales does not reflect the change in total household consumption as the latter includes other items such as health care, education and rents

In April, turnover in retail trade fell by 0.5% compared with March, after rising by 0.7% the previous month (adjusted for seasonal and working day variations). The decline was particularly marked in manufactured goods (-1.5% after +1.1%), although performances varied within the sector which shows an increase in sales of new cars (+3.2% after -3.4%), furniture (+2.2% after -3.9%) and pharmaceuticals (+1.3% after +0.2%), while sales of footwear (-5.9%, after +2.8%), optical products (-5.5% after +4.1%), books (-4.7% after +4.1%) and consumer electronics (-4.2% after +2.2%) registered sharp falls. Food sales rose by 0.8% in April, after growth of 0.2% in March.

In terms of distribution channels, small retailers reported a 1.7% drop in sales, after growth of 1.0% the previous month, whereas a 1.0% increase was recorded by large retailers, after a drop of 3.2% in March.

Three-month-on-three-month, overall turnover in retail trade was up by 0.8%, fuelled by rises in both manufactured goods and food (+0.7% and +0.8% respectively).
Total manufactured goods and food sales
Month-on-month change (%) - Seasonally and working-day adjusted volumes
Notes:.
1) Sectors are classified according to the relative weight of the products included in the total aggregate of retail trade (weights are given on the right scale).
2) The aggregated and by sub-sector series are seasonally adjusted on an individual basis. Total and manufactured products series are reconstituted by aggregating the SA-WDA series of the sub-components.
3) SA-WDA: Seasonally and working-day adjusted.


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Updated on 24 May 2024