📋 Tender Overview
According to GUS data retail sales at constant prices in August 2020 were 0.5 higher than in the corresponding month of last year. At the same time compared to the level from July this year. decreased by 2.4.In cumulative terms in January-August this year. the decrease in sales amounted to 3.5 in annual terms which in the context of deep drops in consumer activity during the spring lockdown and trade restrictions should be considered a relatively good result.In August the largest increase in sales was recorded in companies selling furniture radio household appliances - by 10.2 y y. Sales increased also in the following groups newspapers books other sales in specialized stores by 1.6 textiles clothing footwear by 1.2 and pharmaceuticals cosmetics orthopedic equipment by 0.8. In enterprises selling motor vehicles motorcycles parts the decline was 5 and in those selling food beverages and tobacco products sales were 3.3 lower.The growing interest of customers in shopping in stationary stores translates into online trade. In August the value of online retail sales was 7.8 lower than a month earlier in current prices and its share in total corporate sales fell to 6.1 from 6.5 in July. The decrease in the share of online sales was shown among others by enterprises trading in textiles clothing and footwear from 16.8 a month before to 15.7. We estimate that in September retail sales growth will be close to 5. The biggest increases should be expected in the sale of furniture and pharmaceuticals.
