Business news

Retail sales down by a tenth in January-June

Ljubljana, 27 July (STA) - Retail sales in Slovenia declined by 9.6% year-on-year from January to June as the coronavirus epidemic shut down most stores for several weeks in spring. The figures for June suggest the sector is slowly picking up.

The steepest annual decline in retail sales was registered in April (-22.7%) and March (-14.6%), but by June the gap narrowed to an annualised 5%, show the latest Statistics Office figures released on Monday.

Lower sales were reported across all segments of retail for the six-month period with the biggest decrease, in excess of 20%, recorded in the retail of motor fuels as people drove less and public transportation was shut down.

In June alone, however, only the motor fuel segment (-17.9%) and the food and drinks segment (-8.4%) saw sales contract, while non-food sales actually increased by almost 8% at the annual level.