Slovenia Retail Sales Drop on Year in March

Retail

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Retail sales in Slovenia plunged 12.7% year-on-year in March, slipping further from a downwardly revised 3.3% fall in the previous month, data released by the Ljubljana-based Statistics Bureau of Slovenia (SURS) showed on Wednesday.

It was the largest drop since January 2021, due to the sharp decline in sales of food products (-8.3% vs -4.6% in February), non-food products (-11.2% vs -2.2%) and automotive fuel (-16.8% vs -3.1%).

On a monthly comparison basis, retail trade increased 0.4%, rebounding from a downwardly revised 9.8% decrease in February. 

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