Retail turnover up

Retail turnover was almost 2 percent higher in January than one year previously. The increase in turnover was entirely a result of the price rise. Turnover volume almost equalled its level in January 2008.

Developments in retail turnover are influenced by the shopping day and holiday pattern. In January 2009 this pattern was more favourable than in January 2008. After correction for this effect, turnover was about the same as in January 2008, while the turnover volume decreased by more than 2 percent compared with one year previously.

Turnover varied strongly between the different retail sectors. Shops in the food sector generated over 9 percent more turnover. The items sold cost 5.5 percent more than in January 2008. It was supermarkets alone which accounted for the increase in turnover, specialised shops in the food, drink and tobacco sector faced a turnover loss on twelve months previously.

In the non-food sector, turnover dropped by over 3 percent. Prices virtually equalled their levels in January 2008. Turnover decreased in all segments, except for chemist’s, clothes shops and household appliances shops. DIY stores and home furnishers suffered most.

Retail turnover