In October, retail turnover decreased the least this year, supported by a rise in turnover of hyper- and supermarket

Turnover increase of the most important component of the retail trade, large markets, covered up the declines in most specialized stores. In percentage terms, hobby markets and mail-order sales continued to struggle with the highest declines in turnover.

In October 2023, retail turnover¹⁾ were lower year-on-year, but only by 0.2%. The decline in turnover of traders expressed in constant prices continued for the ninth consecutive month with the exception of January 2023, but it is the lowest decline in turnover this year.

Out of the 9 monitored components of the retail trade, as many as 6 recorded lower turnover year-on-year. The overall negative result of the sector was mostly influenced by a more dynamic decline in turnover of two components, i.e. specialized stores for household, which include hobby markets, furniture and consumer electronics stores by 9.8%, and also a decrease in turnover of retail sale not in stores (including mail order) by 6.4%. The ongoing double-digit drop in turnover of specialized food stores was also more significant. Stores with other goods, such as footwear, textiles or drugstores, slowed their decline from previous months to the current minus 1.2%.

The result of the retail trade was significantly supported by the fact that after nine months of declines, turnover of non-specialized stores, i.e. hyper- and supermarkets, increased by 1.2%. This component represented up to 41% of retail turnover. More than a quarter increase in turnover of fuel stores had a positive impact, but this result is affected by extending the number of reporting units in this sector from the beginning of 2023.

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

Turnover of sale and repair of motor vehicles and motorcycles¹⁾ rose dynamically by 18.8%. All 3 components of the sector performed very well, each of them reporting a double-digit year-on-year growth. Turnover of food and beverage service activities¹⁾ also recorded a year-on-year growth, increasing by 12.7%. The accommodation sector failed to increase turnover, but the decrease was slight by 0.3%. The wholesale²⁾ did not do well either, which had lower turnover year-on-year for the eighth consecutive month, the current decrease was 0.7%.

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Month-on-month development in October 2023 compared to September 2023

In October, compared to September, turnover³⁾ was higher in sale and repair of motor vehicles by 0.5%, in wholesale by 4%, in retail by 2.1% and also in food and beverage service activities by 3.5%. They decreased only in accommodation by 1.9%.

Development for 2023

In total, for the first ten months of 2023, turnover rose in sale and repair of motor vehicles¹⁾ by 17.3%, in accommodation¹⁾ it increased by 16.5%, and in food and beverage service activities¹⁾ by 12%. Lower turnover was recorded year-on-year in retail trade¹⁾ by 4.7% and wholesale²⁾ by 3.5%.