Jan. – Feb. 2010 retail turnover down 10 pct y-o-y

Retail turnover dropped 10.3 percent in first two months of 2010 compared to same period of 2009, the National Statistics Institute (INS) announced.

Expressed as raw series, the retail turnover (except for trade with motor vehicles and motorcycles) fell 10.3 percent over Jan. – Feb. 2010, as a result of the setback in sales of non-food products (minus 12.1 pct), foodstuff, beverages and tobacco sales (- 9.2 pct) and retail sales of automotive fuel in specialized stores (- 8.3 pct).

Expressed as series adjusted by the number of working days and seasonality, the retail turnover in the first two months of 2010 was 9.7 pct down compared to same period of 2009, as a result of the 12.2 pct decline in non-food sales, of the 9.9 pct dip in sales of foodstuffs, beverages and tobacco, and of retail sales of automotive fuels in specialized stores going down 8.2 percent.
In February 2010, the retail turnover (except for trade with motor vehicles and motorcycles) advanced 2.9 percent from the month before expressed as raw series and dropped 0.4 pct expressed as series adjusted by number of workdays and seasonality.

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