Retail turnover slumps almost 18 pct in Q1

Retail turnover, maintenance and repair of vehicles and motorcycles, gross series, slumped by 17.8 percent in the first quarter of 2010 compared to the first quarter of 2009, according to a release of the National Statistics Institute (INS). Retail turnover decline, maintenance and repair of vehicles and motorcycles was mainly caused by the vehicle sales, diminished by 28.2 percent.
In the first quarter of 2010 compared to the first quarter of 2009 retail turnover volume, maintenance and repair of vehicles and motorcycles, adjusted series depending on working days number and seasons, dropped by 20 percent, mainly caused by vehicle sales. They were down by 30.4 percent. As for the population’s service market, turnover volume rose both as gross series by 8.4 percent and as adjusted series according to the number of work days and seasons by 6.5 percent.
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