Turnover of retail sales of food products decreased

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The trade of information and communication technology equipment (by 8.1%), in the trade of cosmetics and toiletries (by 6.6%), in the trade of books, newspapers, stationery, audio and video recordings (by 6.1%) and in the trade of flowers, plants, seeds, fertilizers, pets and their feed (by 5.1%) . A more moderate decline was observed in the retail trade of watches, jewelery and new goods not elsewhere classified (by 3.8%), in the trade of clothing, footwear and leather goods (by 3.6%) and in the retail trade of household electrical appliances (by 2.3%). In the distribution by trading places, a moderate decrease in turnover was observed in retail trade in stalls and markets (by 1.3%), while in the rest of retail trade outside shops, stalls and markets it decreased sharply (by 11.2%). A sharp drop was also observed in retail sales by mail or on the.


Internet - by 9.7%. In September, the annual  for the twelfth month in a row, but in September it had the most moderate decline - by 1.2%. Although the prices of food products have been decreasing in recent months, the price level for food Industry Email List still remains high, which affects the turnover of food products. The retail turnover of fuel at gas stations decreased sharply in September - by 4.4% compared to September 2022. This was determined by the increase in fuel prices in recent months and the increase in the volume of retail sales of fuel in September of the previous year, when fuel prices had decreased after their rapid increase in the first half of the year.


   


In general, this year in nine months, retail sales turnover was 2.7% lower than in January-September 2022 , which was largely determined by a 4.7% drop in food retail sales turnover due to higher food prices. Non-food retail sales fell by 3.2%, driven by a high base at the start of 2022, when all trade restrictions were gradually lifted and retail turnover increased significantly. On the other hand, the turnover of fuel sales increased by 2.6% in January-September this year, which was affected by lower retail sales volumes in April-July of the previous year due to high fuel prices. It is predicted that retail sales will continue to be affected by high prices - residents have adapted to making cheaper and smaller purchases.