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Serbia’s retail trade turnover increased by 1.2% at current prices

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The retail trade turnover in the Republic of Serbia in June 2013 compared with June 2012, increased by 1.2% at current prices and decreased by 6.1% at constant prices.
In June 2013, compared to May 2013, turnover of retail trade decreased by 3.7% at current prices and by 4.3% at constant prices.

January – June 2013

Serbia’s Turnover of retail trade in the period January – June 2013, compared to the same period 2012, increased by 1.1% at current prices and decreased by 7.8% at constant prices.

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Data on retail trade turnover (division 47 of CA) are obtained from regular monthly statistical survey “Monthly report on retail trade”, based on the sample of VAT reports, obtained from Tax administration.

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

Source Balkans

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