Business News

Turnover from Retail and Wholesale Down 20% in 2009 over 2008

Ljubljana, 28 August (STA) - Slovenian companies posted over EUR 23bn in turnover from retail and wholesale in 2009, which was a nearly 20% decrease compared to the year before, the Statistics Office has said. While turnover from retail dropped some 10% to EUR 11.50bn, the wholesale suffered a 25% drop to EUR 11.68bn.

The Statistics Office said on Thursday that 45.8% of turnover in retail was generated by the sale of non-food products (EUR 5.27bn). The second largest commodity group was food, beverages and tobacco with 29.4% (EUR 3.38bn).

Over a half of wholesale turnover - 59% - was created by the sale of non-food products (EUR 6.89bn). The sale of food, beverages and tobacco was also the largest most profitable in wholesale, accounting for 17.6% of turnover (EUR 2.05bn).

Although turnover in both retail and wholesale dropped in 2009 compared to the year before, intermediary services in trade generated a turnover of EUR 162m, which was a nearly 10% increase year-on-year.

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