Specifically, the General Retail Turnover Index increased by 2% in November
Specifically, the General Retail Turnover Index increased by 2% in November 2024 compared to the same month in 2023. Additionally, compared to October 2024, the recorded rise reached 2.4%.
ELSTAT’s latest report on the Turnover and Volume Indices in Retail Trade—based on a 2021=100.0 index—provides a clearer picture of the sector’s performance.
Retail Trade Performance
The General Volume Index (turnover at constant prices) in November 2024 increased by 1.1% compared to November 2023 and by 2.9% compared to October 2024.
The seasonally adjusted General Turnover Index in November 2024 increased by 2.7% compared to October 2024.
The seasonally adjusted General Volume Index in November 2024 increased by 2.3% compared to October 2024.
The retail turnover index is designed to track market trends in goods market. Turnover includes the total amounts invoiced by businesses per economic activity unit (KAU – Kind of Activity Unit) during the reference period, focusing solely on the resale of goods without any modifications.
The data collected monthly pertains to actual sales, both retail and wholesale, excluding VAT but incorporating other taxes and fees applied to the goods.
Source: Tovima.com
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