Turnover of goods in retail trade in the Republic of Serbia in December 2018 in comparison with December 2017 is higher at current prices by 5.7%, and at constant prices by 3.3%.

Comparing twelve months in 2018 with the same period of 2017, turnover of goods in retail trade was higher at current prices by 6.9%, and at constant prices by 4.2%.

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

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.

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.