In November, turnover of retail trade continued to lag behind, year-on-year, but it was milder than the previous two months

In November 2022, retail turnover was lower than a year ago, but this decline was only moderate. Hyper- and supermarkets remained in negative numbers again. On the contrary, turn-over of petrol stations was higher.

In November 2022, retail turnover reached a lower value by 1.4% than in the same period a year ago. However, the decline, which continued for the fourth month in a row, slowed down its dynamics. Year-on-year, lower turnover at constant prices¹⁾ was recorded by up to 5 out of 9 activities of the retail trade.

The overall result was mainly influenced by lower turnover of 1.7% in the decisive component of retail trade, which covers hyper- and supermarkets, and it was also supported by a significant decrease in turnover in less important components of retail trade. Turnover in stores with household goods such as hobby markets, furniture or consumer electronics stores, as well as in stores focused on culture and recreation (bookstores, sporting goods and toy stores, etc.) decreased by more than 8%.

On the contrary, turnover growth of 5.6% was recorded by the second most significant component of retail trade – specialized stores with other goods (e.g. textiles, shoes, drugstores). After a six-month struggle with inflation of fuel prices, turnover of petrol stations turned positive. This turnover increased by 6%. Turnover in food, beverage and tobacco stores also increased at almost the same rate.

After three months, turnover of retail sale not in stores, stalls or markets, which also cover mail order sales, reached positive numbers.

The year-on-year development of other activities of trade in November 2022

In November 2022, turnover growth was recorded by all activities of internal trade, with the exception of retail trade. Turnover in sale and repair of motor vehicles and motorcycles grew by double digits (by 15.2%), while the higher growth rate was recorded in sale of motor vehicles, as well as in maintenance and repair. In wholesale¹⁾, turnover at current prices increased by 12.4%.

In November 2022, turnover of food and beverage service activities increased by a third year-on-year, and turnover of accommodation (both at constant prices) exceeded last year's level of the same month nearly by 140%. Turnover of accommodation providers recorded higher growth for 20 months in a row.

The month-on-month development in November 2022 compared to October 2022

In November, compared to the previous month²⁾, turnover increased in sale and repair of motor vehicles by 7.3%, in retail trade by 1.7% and in wholesale by 1.1%. A decrease of almost 12% was recorded by accommodation establishments, while at the same time turnover of food and beverage service activities fell by 5.6%.

The development for the first 11 months of 2022

In total, for the first 11 months of 2022, turnover of all activities of internal trade rose year-on-year, namely in retail trade by 4.4%, in sale and repair of motor vehicles by 6.8%, in wholesale by 16.8%, in food and beverage service activities by 14,7% and in accommodation 85.1%.