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Turnover in internal trade in March 2024
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Turnover in internal trade in March 2024

Last update: 07.05.2024
Ilustratívny obrázok/Illustrative image
Publisher: Statistical Office of the SR
Topic: Sectoral statistics
Domain: Trade and food services
Publish Date: 07.05.2024

Retail turnover continued to grow year-on-year, but only at a very slight pace

March´s retail turnover rose year-on-year, though more slowly than in the first two months of the year. There was an increase mainly due to a turnover growth especially in the large components of retail trade, i.e. in e-shops as well as in hyper- and supermarkets. More dynamic turnover slumps continued in fuel sales.

Retail turnover1) maintained its growth in March, compared to the corresponding period last year, and increased by 0.5% after adjusting for the effect of inflation. The growth rate in the third month was significantly slower than in the previous two months.

The Statistical Office of the SR points out that starting from the data for January 2024, the monthly data on internal trade (retail trade and other structures of internal trade) were recalculated in the entire time series due to methodological adjustments – transition to a new base period (from 2015 to 2021) and application of the concept of business units of the enterprise (PDF – 183 kB). The change also affected all the other sectoral statistics.

Year-on-year turnover growth at constant prices was achieved by a total of 6 out of 9 components of retail trade. The most significant positive impact was the turnover growth of e-shops (sale outside stores, stands and markets) by 15.7%, as well as an increase in turnover of hyper- and supermarkets (non-specialized stores) as well as hobby markets and stores of electrical appliances or furniture (stores with other household goods) up to 4%.

On the contrary, the overall result of the sector was dampened by the declines in gas stations´ turnover (fuel sales) by almost 21% and ICT stores by 36% (specialized sales of ICT equipment).

Illustrative image – graph

Download high resolution chart format PDF (99 kB) or PNG (347 kB).

Year-on-year development of other components of trade in March 2024

Other components of internal trade recorded a year-on-year turnover decrease in March, by almost 10% in sale and repair of motor vehicles1) as well as in wholesale2), a slighter decrease of less than 4% in accommodation1). For 19 consecutive months, a positive trend in a year-on-year turnover growth was maintained by food and beverage service activities1), this March currently reaching a 4% higher turnover than last year.

Illustrative image – graph

Download high resolution chart format PDF (111 kB) or PNG (250 kB).

Month-on-month development in March 2024 compared to February 2024

In March, turnover after seasonal adjustment month-on-month3) decreased in most sectors of internal trade. In sale and repair of motor vehicles1) it decreased by 2.7%, in wholesale2) by 2.9%, in retail trade1) by 0.6%, it dropped more dynamically in accommodation1) by 8.6%. A positive development was recorded only in food and beverage service activities), where turnover increased by 8.3% month-on-month.

Development for 2024

In total for the first three months of 2024, turnover rose year-on-year in sale and repair of motor vehicles1) by 0.4%, in retail trade1) by 2.4% and in food and beverage service activities1) by 5%. Year-on-year lower turnover would be recorded only by wholesale2) by 4.8%. Turnover in accommodation1) remained at the level of last year.

  • 1) for the sale and repair of motor vehicles, retail, accommodation and food and beverage service activities, the indices are at constant prices (to the average 12 months of 2021)
  • 2) for wholesale, indices are calculated from current prices
  • 3) from seasonally adjusted data

Data source: DATAcube. database:

Outputs on the topic of turnover in internal trade:

Together with the publication of the data for January 2024, the monthly time series were recalculated in connection with the adopted modifications of the methodology – Change of the base period and the classifica-tion according to activity units (PDF - 183 kB).

The Statistical Office of the SR releases turnover in internal trade and also in absolute terms on a quarterly basis, approximately 70 days after the end of the reference quarter, in the DATAcube. database in the table ob2008qs. The data are from the monthly statistical reports adjusted on the base of the processing of quarterly reports (more in the methodology).

The data for the 4Q of 2023 were published on March 14, 2024.

The Statistical Office of the SR releases the chart “The structure of turnover in retail trade in 2023”, which illustratively presents the shares of turnover in individual retail activities (division 47, SK NACE Rev. 2.). The chart is compiled from preliminary monthly data for 12 months of 2023.

Illustration image - Graph

Download high resolution chart format PDF (74 kB) or PNG (159 kB).

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  • Statistical Office of the SR
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  • 840 05 Bratislava 45
  • Slovak Republic
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