Slovenia Retail Sales Fall for the 1st Time in Over 2 Years
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Retail sales in Slovenia dropped 4% year-on-year in February, reversing from a downwardly revised 17.9% growth in the previous month, data from the Ljubljana-based Statistics Bureau of Slovenia (SURS) showed.
This was the first fall since January 2021, as sales declined for food, beverages & tobacco (-4.8% vs -4.7% in January) while sales slowed sharply for automotive fuel (22% vs 48.8%).
On the other hand, sales fall softer for non-food (-0.5% vs -1.08%).
On a seasonally adjusted monthly basis, retail activity fell 10.5% in February, reversing from a 3.8% rise in the previous month.
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