The retail turnover volume (excluding the trade with motor vehicles and motorcycles) increased in June 2015 against May both as gross series by 4.2 percent and as adjusted series according to the number of working days and to seasonality by 1.7 percent, shows the latest data by the National Institute of Statistics.

 

This was due mainly to the increments registered by the sale of food, beverages and tobacco (up 11.7 percent), following a VAT cut from 24 percent to 9 percent in June 2015. The sale of non‐food products also went up 1.5 percent, while the retail of automotive fuel in specialised stores decreased by 1.8 percent.

In adjusted series, the sale of food, beverages and tobacco went up by 12.7 percent and the sale of non‐food products by 0.4 percent. The retail of automotive fuel decreased by 4.6 percent.

Year on year there were also increases in June both in gross series and adjusted series, of 7.9 percent and 7.1 percent, respectively.

The sale of food, beverages and tobacco saw a rise of 22.0 percent in gross series and 21.5 percent in adjusted series. Fuel retail also showed an increase June 2015 versus June 2014, of 1.3 percent (gross series) and 1.4 percent (adjusted series). Non-foods went up by 1.0 percent as gross series and 0.9 percent as adjusted series.

When comparing H1 2015 with the same period of the previous year, the retail turnover volume recorded rises of 4.8 percent as gross series and 4.9 percent as adjusted series.

As gross series, food, beverages and tobacco sales rose by 11.5 percent, fuel sales by 5.8 percent, while the sale of non‐ food products decreased by 0.9 percent. As adjusted series, food, beverages and tobacco went up 10.6 percent and the retail of automotive fuel rose by 4.9 percent. The sale of non‐food products remained at the same level.

Natalia Martian