Retail – 13% increase in turnover in October – Clothes and shoes are the drivers

Consumers bought clothes and shoes in October.

According to ELSTAT data, the retail turnover index increased by 13.1% in October, compared to the corresponding index of October 2020, while compared to the corresponding index of September 2021, it increased by 4.6%.

The General Volume Index (turnover at constant prices), in October 2021, compared to the corresponding index of October 2020, showed an increase of 10.1% and compared to the corresponding index of September 2021, an increase of 4.4%, according to ELSTAT.

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The seasonally adjusted General Turnover Index, during the month of October 2021, compared to the corresponding index of September 2021 showed an increase of 3.2%.

The seasonally adjusted General Volume Index, during the month of October 2021, compared to the corresponding index of September 2021, showed an increase of 2.8%.
The increase of the Turnover Index by 13.1% in October 2021, compared to the corresponding index of October 2020, came mainly from the changes in the following categories:

However, the record of the case “numb” the commercial world that fears chain effects in the market due to the bad psychology that is not in line with the festive atmosphere for holiday shopping.

Consumer fears dominate, threatening corporate revenue. It is indicative that the stores to stimulate demand are preparing for discounts from next week, ie one week before the scheduled start of the season, on Monday 10 January.