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Turnover in internal trade in April 2024
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Turnover in internal trade in April 2024

Last update: 06.06.2024
Ilustratívny obrázok/Illustrative image
Publisher: Statistical Office of the SR
Topic: Sectoral statistics
Domain: Trade and food services
Publish Date: 06.06.2024

The dynamics of retail turnover growth accelerated to a two-year high

Retail trade was prospering in April 2024, its turnover increased by 9.6%, which was the most in the last 25 months. The positive result was mainly due to the high turnover growth of e-shops, however, in April, the year-on-year turnover improvement was manifested in all trade patterns, except of gas stations.

Retail turnover1) constant prices rose for the fourth consecutive month, increasing by 9.6% in April 2024, which was the most since March 2022. However, their current significant growth was affected by a lower comparative base last year, when retail turnover was below due to high inflation after conversion to constant prices in the recession.

From January 2024, all absolute values and year-on-year index values were recalculated in connection with changes in the data calculation methodology2).

Up to 8 out of 9 components of retail trade achieved a year-on-year higher turnover at constant prices. The  sector´s overall result was most significantly affected by the turnover growth of e-shops (sale outside stores, stands and markets) by 44.5%, but also by a 13.8% turnover increase in specialized stores, e.g. footwear, textiles, drugstores or pharmacies (specialized sale of other goods) and also their increase by 4.2% in large non-specialized hyper- and supermarkets. The positive result was also contributed by the double-digit turnover growth of specialized food, beverage and tobacco stores and stores of toys, sporting goods, books, etc. (specialized sale of goods for culture and recreation).

The final retail value was dampened only by year-on-year lower gas station´s turnover (fuel sales), which dropped by 11.3% compared to last year.

Image – Graph

Download high resolution chart format PDF (78 kB) or PNG (174 kB).

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

Year-on-year, turnover rose by 4.9% in sale and repair of motor vehicles and motorcycles1). All three components of this type of sale were in positive numbers. After four months, it increased also in wholesale3), namely by 7.9%. A 9.1% increase in turnover was also registered by food and beverage service sector1). It slightly decreased only in accommodation1) by 1.7%.

Image – Graph

Download high resolution chart format PDF (75 kB) or PNG (126 kB).

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

Turnover after seasonal adjustment in April month-on-month4) rose in wholesale3) by 2.6%, retail trade1) by 2.4% and in food and beverage service activities1) by 2.1%, turnover decreased in sale and repair of motor vehicles1) by 2.4% and in accommodation1) by 0.6%.

Development for 2024

In total, in the first four months of 2024, turnover rose year-on-year in sale and repair of motor vehicles1) by 1.5%, in retail trade1) by 4.2% and in food and beverage service activities1) by 6%. Only wholesale3) by 1.8% and accommodation1) by 0.4% recorded a year-on-year lower turnover.

  • 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) due to the change of the methodology - transition to a new base period (from 2015 to 2021), the entire time series of data was recalculated from the publication of data for January 2024 – more in the document Change of the base period and the classification according to activity units (PDF 183 kB)
  • 3) for wholesale, indices are calculated from current prices
  • 4) from seasonally adjusted data

Data source: DATAcube. database:

Outputs on the topic of turnover in internal trade:

The Statistical Office of the Slovak Republic implemented a methodological change - a transition to a new base period (from 2015 to 2021) from the publication of data for January 2024. This change also affected indicators of the internal trade turnover. In order to monitor the data over a long period of time, the data were recalculated to a new base in the entire time series – more in the document – 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. The data are processed from the monthly statistical reports adjusted on the base of the processing of quarterly reports (more in the methodology).

Data for Q1 2024 and recalculated data for previous periods will be published on June 13 2024 in the new table ob1004qs.

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
  • Lamačská cesta 3/C
  • 840 05 Bratislava 45
  • Slovak Republic
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  • e-mail: info@statistics.sk

While publishing of the whole information report or its parts, please state the source of information, the Statistical Office of the Slovak Republic. The Statistical Office of the SR creates high-quality statistics useful for society according to 16 principles regarding the institutional environment, statistical processes and outputs in line with the Code of Practice for European Statistics.


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