Tourism helps consumption, increasing by 6.4% in the third quarter

2024-12-16 14:46:00, Ekonomi CNA

In the conditions of the contraction of production in some sectors and the reduction of the population due to emigration, the arrival of foreign tourists has helped consumption.

According to INSTAT data, the retail sales volume index reached 129.0, marking a 6.4% increase compared to the third quarter of 2023. This seasonally adjusted indicator increased by 1.9% compared to the third quarter predecessor

In retail trade, excluding hydrocarbon retail trade, sales volume in the third quarter of 2024 has increased by 5.6%, compared to the third quarter of 2023.

In the group "Food, beverages, tobacco in non-specialized and specialized commercial units", the sales volume has increased by 5.3%, compared to the same quarter of 2023.

The volume of sales, for the group "Non-food items in specialized and non-specialized commercial units", has increased by 5.7%, compared to the same period of the previous year.

In the group "Hydrocarbon trade in specialized commercial units", the sales volume has increased by 9.9%, compared to the same quarter of 2023.

In the annual change of +6.4%, in the third quarter of 2024 compared to the third quarter of 2023, in retail trade, the groups contributed are "Non-food items in specialized and non-specialized trade units" with +2.1 percentage points .

The group "Food, beverages and tobacco in non-specialized and specialized commercial units" contributed with +1.7 percentage points and the group "Retail trade of hydrocarbons in specialized commercial units" with +2.6 percentage points.

In the third quarter 2024, the seasonally adjusted sales volume in the group "Retail trade, excluding retail trade of hydrocarbons in specialized trade units", has increased by 0.5%, compared to the previous quarter.

In the group "Food, beverages, tobacco in non-specialized and specialized commercial units", the sales volume, seasonally adjusted, has increased by 0.9%, compared to the previous quarter. The volume of sales, seasonally adjusted, in retail trade, for the group "Non-food items in specialized and non-specialized trade units", decreased by 0.3%, compared to the previous quarter.

In the group "Hydrocarbon retail trade in specialized commercial units", the seasonally adjusted sales volume has increased by 4.7%, compared to the previous quarter./ Monitor Magazine