Serbiaʼs retail sales rise in September
Photo by maxbelchenko / Shutterstock.com
Serbiaʼs retail sales increased by a real 7.7% on the year in September, after posting a 4.5% annual rise in the previous month, data released by the Serbian Statistical Office (SORS) showed on Monday.
Photo by maxbelchenko / Shutterstock.com
Sales of non-food products (except for automotive fuel) increased the most by 14.9% annually in September, while retail trade of food, beverages and tobacco rose by 3.6%. Retail trade of automotive fuel added 4.2%.
Month-on-month, retail sales went down by a real 2.0% in September, following a 2.3% increase in the previous month, the data indicated.
In a separate statement, the Belgrade-based agency said that Serbiaʼs industrial production increased by 4.6% year-on-year in September, after growing by 4.2% in August. On a seasonally-adjusted monthly comparison basis, the industrial output edged down 0.6% in September after increasing 3.5% a month earlier.
Policymakers Cut Central Bank Base Rate by 50 bp to 7.75%
Bulgaria's Household Income, Spending Rise 20% in 2023
Spar Magyarország Revenue Climbs Close to 16% in 2023
Hungary Launches HUF 15 bln Tourism Sector Support Program
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.
