Retail sector sees 5.5% surge in March

Retail sector sees 5.5% surge in March

The Retail Trade Turnover Value Index and Volume Index both increased in March 2024 compared to the same month in 2023. The Value Index had a 5.5% increase, and the Volume Index had a 5.2% increase. For the period January-March 2024, the Value Index increased by 5.4% and the Volume Index by 4.9% compared to the same period in 2023. The highest percentage increase in the Value Index was in food, beverages, and tobacco in specialized stores (13.2%), pharmaceutical and orthopedic products, cosmetics (11.8%), and educational and entertainment goods (10.5%). The highest decrease was in retail trade outside stores (-13.4%). The highest percentage increase in the Volume Index was in educational and entertainment goods (10.5%), food, beverages, and tobacco in specialized stores (10.4%), and pharmaceutical and orthopedic products, cosmetics (9.7%). The highest decrease in the Volume Index was also in retail trade outside stores (-13.4%).