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Sarajevo Times > Blog > BUSINESS > Total Seasonally adjusted Retail Trade Turnover recorded Decrease in Bosnia and Herzegovina
BUSINESS

Total Seasonally adjusted Retail Trade Turnover recorded Decrease in Bosnia and Herzegovina

Published: September 30, 2020
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The total seasonally adjusted retail trade turnover in Bosnia and Herzegovina in August 2020, observed in current prices, decreased by 3.2% compared to July 2020, according to a press release published by BiH Agency for Statistics on Wednesday.

A decrease in turnover was recorded in trade in food products (food, beverages and tobacco) in the amount of 5.3%, while in trade in non-food products a decrease in turnover was recorded in the amount of 2.9%.

Observed in constant prices, the total seasonally adjusted retail trade turnover in BiH in August 2020 recorded a decrease of 2.6% compared to July 2020. A decrease in turnover was recorded in trade in food products (food, beverages and tobacco) in the amount of 5.4%, while in trade in non-food products there was a decrease in turnover in the amount of 1.8%.

The total retail trade turnover index in BiH in August 2020 achieved a nominal growth of 7.2% while the real growth amounted to 10.4% compared to the base (2015) year.

Prices of products and services used for personal consumption in Bosnia and Herzegovina, measured by the consumer price index, in August were on average lower by 0.2 percent compared to July.

Food and non-alcoholic beverages are on average 0.9 percent cheaper in August, and clothing and footwear 1.6 percent cheaper, the BiH Statistics Agency stated.

In August, compared to July, alcoholic beverages and tobacco are on average 0.2 percent more expensive, housing by 0.1 percent, healthier, recreation and culture are more expensive, while transportation is on average more expensive by 0.8 percent.

The price level in August this year, compared to the same month last year, is lower by 1.2 percent. Clothing and footwear are on average cheaper by 10.3 percent, housing and overhead costs by one percent, furniture, household appliances and regular house maintenance by 0.5 percent, transportation by 10.6 percent, and recreation and culture by 0, 3 percent.

In August, compared to the same month last year, food and non-alcoholic beverages were on average 1.5 percent more expensive, alcoholic beverages and tobacco by 3.8 percent, health care by 1.1 percent, communications by 0.7 percent, restaurants and hotels by 2.1 percent, and other goods and services by 0.3 percent.



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TAGGED:#adjusted#BiH#prices#retailturnover
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