Retail commerce saw turnover increase by 13.9% in January 2022

Retail commerce saw turnover increase by 13.9% in January 2022

Retail commerce saw turnover increase by 13.9% in January 2022 compared to a year earlier, due to two factors: first that this year shops were open for business for the entire month, against just 15 days in January 2021, and second that prices have increased significantly over those 12 months.

It is no coincidence that sales volume grew at a lower rate – i.e. 8.9% year-on-year.

Supermarket and fuel station data speak more clearly about the impact of prices on turnover growth: Supermarkets saw a 5.3% rise in turnover but only 0.8% in sales volume; fuel stations recorded turnover growth of 42.9% but sales volume rose just 17.4%.

SEARCH

[%EVENTS_SIDEBAR%]
Previous Next
Close
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using


These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.


These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.


These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.