Slovenia Retail Sales Continues to Fall in December

Analysis

Retail sales in Slovenia dropped 15% year-on-year in December, accelerating from a downwardly revised 10.9% fall in the previous month, data from the Ljubljana-based Statistical Bureau of Slovenia (SURS) showed on Monday.

Sales continued to decrease for automotive fuel (-33.7% vs -22.7% in November) and non-food products excluding fuel (-4.4% vs -2.9%).

On the other hand, sales fell at a slower pace for food, beverages & tobacco (-0.4% vs -1%).

On a seasonally adjusted monthly basis, retail trade dropped by 3.6% in December, reversing from a 3.2% increase in November. In 2023, retail sales plunged 11.5% compared to 2022. 

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