Retail turnover was also lower year-on-year in July, after two years, turnover of accommodation facilities also recorded negative numbers

As many as six out of nine components of retail trade did not reach the last year´s turnover level, two smaller components of the industry registered a double-digit drop. Stores with computing equipment and gas stations maintained a positive turnover balance.

In July, retail turnover¹⁾ was lower by 4.4% year-on-year, their decline expressed in constant prices continued for the sixth consecutive month. The turnover drop was manifested in only 6 out of 9 monitored components of retail trade. The negative balance of the industry was most significantly influenced by the drop in sales in hyper and supermarkets (non-specialized stores) by 4.3%, which are the most important component of retail trade with a turnover share of almost 42%.

The second most significant impact was a turnover decrease by 6.9% in specialized stores with other goods, e.g. with footwear, textiles or drugstores and also a decrease by 12.8% in stores with other household goods, which include hobby markets, furniture and consumer electronics stores. Turnover also decreased year-on-year in, for example, specialized stores with food, beverages and tobacco, and also in turnover not in stores, including mail-order sales, and also by sellers in stalls and markets.

The overall result of retail turnover moderated the turnover growth of fuel stores. Their turnover was up by a third year-on-year, but this result was significantly influenced by the expansion of the number of reporting units from the beginning of 2023 after the reclassification of their main activity as retail trade. Turnover growth was maintained by specialized stores with computers and communication technology by 15.6% and stores focused on culture and recreation (e.g. bookstores, toy stores, and sports goods stores) by 4%.

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

Turnover in sale and repair of motor vehicles and motorcycles¹⁾ increased year-on-year by less than a quarter and rose dynamically in all its components - in sale of motor vehicles by 26.5% and also in repair and maintenance by 32.1%. In wholesale²⁾, turnover decreased for the fifth consecutive month and in July it declined by 4.6% year-on year.

Turnover of food and beverage service activities¹⁾ also exceeded the last year's level of July by 8.4%. In   July 2023, turnover in accommodation¹⁾ recorded a decrease of 3.3%. It was the first drop in more than two years, since the sector has faced to implications of the pandemic and recorded significant year-on-year increases.

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Month-on-month development in July 2023 compared to June 2023

In July, compared to June, turnover³⁾ recorded an increase of 0.9% in retail trade¹⁾ and rose by 8% in sale and repair of motor vehicles¹⁾. It decreased month-on-month in wholesale²⁾ by 1.4%, food and beverage service activities¹⁾ by 2.8%, and in accommodation by less than a percent¹⁾.

Development for 2023

In total, in the first seven months of 2023, turnover in sale and repair of motor vehicles¹⁾ increased by 17.7%; in food and beverage service activities¹⁾, turnover rose by 12.7% and in accommodation¹⁾ by 26%. A decrease in turnover was recorded in retail trade¹⁾ by 5.6% and in wholesale²⁾ by 3%.