Retail commerce turnover in the first quarter of 2024 was disappointing, according to traders’ estimates. The market is now pinning its hopes on the Easter period and tourism, although both have a strong seasonal and local character.
So far, official figures are only available for January, which, in fact, only concerns relatively large companies. They show that turnover in retail trade fell by 18.4% compared to January 2023, while if the food, fuel, and vehicle sectors are excluded, the decline in turnover was even greater, at 34.1%.
Source: The National Herald
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