Retail turnover in November remained in slightly negative numbers, but it was the third best result of 2023

The year-on-year decrease in e-shop turnover had the most significant impact on the ongoing decline in retail turnover. The largest turnover share of non-specialized hyper- and supermarkets also did not exceed last year's level, but its decline was only slight, it was the lowest since the beginning of 2023.

Retail turnover¹⁾ decreased by 1.5% year-on-year in November 2023. Its  decline in constant prices has lasted continuously for ten consecutive months, but the current November´s drop was one of the lowest among the months of 2023.

Up to 6 out of 9 monitored components of the retail trade had a lower turnover than a year ago. The overall negative result of the sector was mostly influenced by a 10.6% turnover decrease in turnover not in stores and also a 6.5% decrease in sales in hobby markets, furniture and consumer electronics stores (specialized stores with other non-household equipment). A double-digit decrease in turnover  of specialized stores with food, beverages and tobacco also had a significant impact.

Retail trade achieved a relatively low year-on-year turnover decrease , mainly because the most significant large hyper- and supermarkets (non-specialized stores) maintained almost the same year-on-year turnover. Its decrease in November was only 0.5%, which was the lowest monthly decline and the second best result since the beginning of 2023.

A significantly positive impact on retail trade was also more than a quarter growth in turnover of fuel stores, but this result is significantly influenced by the expansion of the number of news units from the beginning of 2023. Books, toys and sporting goods stores (stores of cultural and recreation goods), and after a longer time also stores with textiles, shoes or drugstores (other specialized stores).

Download high resolution chart format PDF (105 kB) or PNG (142 kB).

Year-on-year development of other components of trade in November 2023

Year-on-year turnover rose in sale and repair of motor vehicles and motorcycles¹⁾, by 6.2%. The year-on-year increase in turnover by 15.8% was also recorded by food and beverage service activities¹⁾. The lag persisted in wholesale²⁾ and accommodation¹⁾. Wholesale turnover has been lower year-on-year for nine consecutive months, the current decrease was 3.9%. Turnover in accommodation did not reach the level of a year ago for the third month, currently it dropped by 0.7%.

Download high resolution chart format PDF (76 kB) or PNG (98,5 kB).

Year-on-year development in November 2023 compared with October 2023

November´s turnover³⁾ compared to October was higher only in retail trade, by only 0.4%. In wholesale trade, it did not change compared to October. However, it decreased month-on-month in sale and repair of motor vehicles by 2.2%, in food and beverage services by 3%, and in accommodation by up to 12%.

Summary development for 2023

In total  for the first eleven months of 2023, turnover rose in sale and repair of motor vehicles¹⁾ by 16.1%, in accommodation¹⁾ it increased by 14.9% and in activities of food and beverage services¹⁾ by 12.3%. Year-on-year lower turnover was registered by retail¹⁾ by 4.5% and wholesale²⁾ by 3.5%.