Business

Retail Trade Turnover in April Sees Record Jump

By 28 May 2021
Retail Trade Turnover in April Sees Record Jump
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ZAGREB, 28 May 2021 - In April 2021, the retail trade turnover went up for the third consecutive month at the highest rate since the Croatian Bureau of Statistics (DZS) has been following this data, which indicates the continued recovery of consumption and the entire economy.

The DZS said on Friday the working-day adjusted retail trade turnover in April 2021 was 2.1% lower than in March 2021 in real terms, while increasing 34.4% on the year.

April 2021 was the third straight month that consumption increased year on year after falling for 11 in a row due to the pandemic, while the 34.4% jump was the highest since 2006.

In April 2021, the retail trade turnover of food, beverages and tobacco increased by 12% year on year, while the retail trade turnover of non-food products (except of automotive fuels and lubricants) increased by 69.5%.

In the first four months of 2021, retail trade turnover went up 12% on the year.

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