Croatia retail trade growth accelerates in January

Figures

Photo by Stokkete/Shutterstock.com

Retail sales in Croatia rose 6.2% year-on-year in January, accelerating from a 4.5% increase in the previous month, data from the Croatian Bureau of Statistics (Crostat) show.

Photo by Stokkete/Shutterstock.com

It was the steepest advance in retail trade since February last year, boosted by sales of non-food products (8%), food, beverages and tobacco (4.3%) and fuel (6.2%).

On a monthly basis, retail sales rose 2.7% in January, following a 0.9% increase in the prior month. In value terms, retail sales increased 8.5% annually in January and rose 4.1% a month ago.

In a separate report, the Zagreb-based statistics bureau said that producer prices in Croatia rose an annual 0.9% in February, slower than 1.3% increase in January. Prices for domestic market increased 1.3% annually in February and foreign market rose 0.6%.

On a month-on-month basis, producer prices fell 0.1% in February, after a 0.6% rise in the previous month, Crostat said on March 11.

ADVERTISEMENT

Business, consumer sentiment improve in January Analysis

Business, consumer sentiment improve in January

Márki-Zay tests positive for COVID-19 Elections

Márki-Zay tests positive for COVID-19

New leasing and sales director at Horizon Development Appointments

New leasing and sales director at Horizon Development

Gov't calls for technical screening of László Papp Arena City

Gov't calls for technical screening of László Papp Arena

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.