ADVERTISEMENT

N. Macedonia retail trade continues recovery in May

Retail

Photo by Stokkete/Shutterstock.com

Retail sales in North Macedonia jumped 19.2% year-on-year in May, following a record 23.0% surge in the previous month, data released by the State Statistical Office (Makstat) show.

It was the second-highest reading on records, due to low base effects. Sales advanced the most for non-food products (27.7%), followed by automotive fuel (25.8%), and food, beverages & tobacco (12.4%).

In a separate statement, the Skopje-based statistics agency said that industrial production in N. Macedonia increased 16.5% from a year earlier in May, following a record 46.1% surge in the previous month.

The statistics agency did not release figures on monthly comparison bases neither on retail sales or industrial production.

ADVERTISEMENT

Varga: Q1 growth demonstrates ability 'to withstand crisis' Analysis

Varga: Q1 growth demonstrates ability 'to withstand crisis'

Parl't elects Orbán prime minister Parliament

Parl't elects Orbán prime minister

New managing director at LG Electronics Hungary Appointments

New managing director at LG Electronics Hungary

Budapest bike-sharing scheme expands in District XI City

Budapest bike-sharing scheme expands in District XI

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.