ADVERTISEMENT

Serbia Retail Sales Decline in February

Figures

Serbia's retail sales, except for motor vehicles and motorcycles, decreased by a real 3.8% year-on-year in February, after a 1.8% annual growth a month earlier, data released by the Serbian Statistical Office (RBS) showed on Friday.

Sales of non-food products fall the most by 6% (vs -0.5% in January), while sales of food, beverages and tobacco decreased 5.3% (vs. -1.7%). Sales of automotive fuel rose 3% (vs. 14.3% in Jan).

On a month-on-month comparison basis, retail sales went down by 3.8% in February, following a 20.6% decrease in January. At current prices, February retail sales added 11.7% on the year and were 2.5% lower on the month.

A separate report from the Belgrade-based agency showed that industrial production in Serbia increased an annual 1.9% in February, after expanding by an annual 4.1% in January. On a seasonally adjusted monthly basis, industrial production increased 2.6% in February. 

Alteo Revenue Down 26% in Q1 Green Energy

Alteo Revenue Down 26% in Q1

Gov't to Call HUF 75 bln Tender to Support Innovation by SME... Government

Gov't to Call HUF 75 bln Tender to Support Innovation by SME...

HUF 100 mln for NGOs Dealing With Diabetes Science

HUF 100 mln for NGOs Dealing With Diabetes

1990s Hungary Inspires Debut Novel ‘Ilona Gets a Phone’ History

1990s Hungary Inspires Debut Novel ‘Ilona Gets a Phone’

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.