Record Drop In Turnover In Minsk

• 24.02.2017, 15:59

Residents of the capital economize on essentials.

The retail trade turnover in the Belarusian capital amounted to 823.2 million rubles in January 2017, which is 3.5% less than in January 2016. According to the Minsk Central Statistical Department, it is a record decline in the past two years.

The retail turnover of trade organizations, which accounted for 89.1% of retail turnover of the city, amounted to 733.3 million rubles (2.3% less in the comparable prices).

The capital retail turnover has been falling since 2016. In January of last year – by 0.8%, in January-April – by 0.01%, in January-May – by 0.5%, in January-June – by 0.4%, in January to July – by 0.8% , in January-August and January-September – by 1.5%, in January-October – by 1.8%, in January-November – by 2.2%, for 2016 – by 2.4%. The turnover growth was observed only in two periods: in January-February – by 1%, in January-March – by 0.2%.