Croatia retail trade up in March

Retail

Image by Pixabay

Croatia's working-day adjusted retail trade in real terms increased by 14.3% year-on-year in March speeding up from a 3.8% rise the previous month, according to data from the Croatian Bureau of Statistics.

March 2020 was the first month in which retail trade was dramatically affected by the COVID-19 coronavirus pandemic.

In March 2021, the biggest increases in nominal turnover were recorded for clothing (by 105.5% year-on-year) and electrical household appliances, furniture and other household articles (by 58.5%). The most substantial decline was for pharmaceutical and medicinal products, whose turnover fell by an annual 7.6%. On a monthly basis, retail trade showed a 2.4% decline in March, led by sale of food products (-6.2%). 

ADVERTISEMENT

Business confidence falls slightly in June Analysis

Business confidence falls slightly in June

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Duncan Graham reelected as BCCH president Appointments

Duncan Graham reelected as BCCH president

Budapest launches revamped coupon card for visitors City

Budapest launches revamped coupon card for visitors

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.