Home News Turnover of retail trade in Serbia in January 2023 increased by 18.4%

Turnover of retail trade in Serbia in January 2023 increased by 18.4%


According to the preliminary results, the turnover of retail trade in the Republic of Serbia in January 2023, compared to the same month last year, increased by 18.4% at current prices and by 1.8% at constant prices.

Retail trade turnover in January 2023 relative to 2022 average decreased by 8.8% at current prices, and by 14.3% at constant prices.

Retail trade turnover is obtained on the basis of regular monthly statistical survey “Monthly Survey of Retail Trade”, based on the sample and on VAT reports received from Tax administration.

The turnover indices at constant prices (real indices) have been obtained by deflating the indices at current prices (nominal indices) by the corresponding consumer price indices, excluding: water (from public utility systems), electricity and motor vehicles, motorcycles and parts.

All published indices ought to be regarded as preliminary, meaning that certain corrections can appear on the basis of the estimated results, obtained from the regular statistical surveys that are conducted on the increased number of sample units.

Source: Statistical Office of the Republic of Serbia
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

Previous articleThe number of newly established Companies in Türkiye decreased by 5,3% in January 2023 with respect to previous month
Next articleChina’s Exports Keep Declining Due to Weak Global Demand


Please enter your comment!
Please enter your name here