According to the preliminary results, the turnover of retail trade in the Republic of Serbia in December 2022, compared to the same month last year, increased by 16.7% at current prices and decreased by 0.2% at constant prices.

Retail trade turnover in 2022, compared with 2021, increased by 22.0% at current prices, and by 5.9% at constant prices.

Retail trade turnover is obtained on the basis of regular monthly statistical survey “Monthly Survey of Retail Trade”, based on the sample and on VAT reports received from Tax administration.

The turnover indices at constant prices (real indices) have been obtained by deflating the indices at current prices (nominal indices) by the corresponding consumer price indices, 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.