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Turnover in internal trade in May 2022
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Turnover in internal trade in May 2022

Last update: 02.08.2022
Ilustratívny obrázok/Illustrative image
Publisher: Headquarters Bratislava
Topic: Sectoral statistics
Domain: Trade and food services
Publish Date: 06.07.2022

Turnover of retail trade increased nearly by 8% in May 2022, but it grew at a slower rate than at the beginning of the year

In the month of May 2022, turnover of retail trade continued to increase year-on-year, but lagged behind the double-digit growth from January to March 2022. Only four of the nine groups of retail trade achieved a rise. Hyper- and supermarkets, as well as drugstores, shoe and textile stores decisively influenced higher turnover. Turnover of food, beverage and tobacco stores also increased.

Turnover of retail trade also increased by 7.8% in May 2022, compared to the same period last year. However, the growth rate slowed down by 9.2 p.p. compared to January 2022. Although the nominal volumes of turnover were higher than a year ago, their real increase was affected by high inflation.

Year-on-year, turnover increased in four of the nine groups of the retail trade, in three of them at a double-digit rate. The two most important groups of retail trade in terms of share recorded a turnover growth by 8.8% in sale in non-specialized stores (hyper- and supermarkets) and by 19% in specialized stores (e.g. shoes, textiles, drugstores). Less significant groups also grew, namely turnover in food, beverage and tobacco stores increased by almost 24%, and turnover in PC and ICT equipment stores increased by 30.6%.

As many as five groups recorded a decrease in turnover compared to the last year, which can be affected by the relaxation of anti-pandemic measures in May 2021 and the significantly increasing inflation in 2022, which caused that part of the population can only afford to finance basic life needs. The biggest drop, by 5.6%, was recorded in turnover not in stores and in mail order. Year-on-year turnover of gas stations (by 4.3%), sellers in stalls and markets (by 3.9%) and specialized stores with other household goods, e.g. in hobby markets, furniture and consumer electronics stores (by 2.2%) also decreased.

Illustration image - Graph

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Year-on-year development of other components of trade in May 2022

In May 2022, turnover of sale and repair of motor vehicles and motorcycles increased by 7.9% year-on-year, mainly due to a rise in turnover of sales of motor vehicles (by 11.2%). In wholesale, turnover increased by a quarter in May, compared to the last year (by 25.1% at current prices).

In May, compared to the last year, turnover of food and beverage service activities increased by 25.6%. Turnover of accommodation tripled compared to 2021, and this very significant growth was affected by the fading measures from the second wave of the coronavirus pandemic and the dramatic rise in inflation.

Illustration image - Graph

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Month-on-month development in May 2022 compared to April 2022

 In May 2022, compared to the previous month1) (with April 2022), turnover increased by double digits in accommodation by 13.7% and in food and beverage service activities by 10.8%. Turnover in wholesale also grew more moderately by 3.6% and in sales and repair of motor vehicles by 0.8%. It decreased, month-on-month, only in retail trade by 1%.

Overall development for five months of 2022

In summary, for the five months of 2022, turnover achieved a year-on-year growth in all components of internal trade. A double-digit increase was recorded in food and beverage service activities by 52.2%, wholesale by 23.5% and retail trade by 12.8%. Turnover of sale and repair of motor vehicles increased by 7.4%. However, turnover of accommodation with a fourfold increase is still catching up with the shortfalls of the complete lockdown from last year.

Note: According to the monthly survey.

  • 1) indices are calculated at constant prices to the base of average of 2015 = 100 (except wholesale, where indices are calculated at current prices)
  • 2) from seasonally adjusted data

Data source: DATAcube. database:

Outputs on the topic of turnover in internal trade:

The SO 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 1st Q of 2022 were published on 13 June 2022.

The Statistical Office of the SR releases the chart “The structure of turnover in retail trade in 2021”, 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 the 12 months of 2021 and will be updated after publication of definitive data for 2021 in September 2022.

Illustrative image – graph
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  • Slovak Republic
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