Belarus ranks first among CIS countries in terms of trade turnover growth in January-October
December 12, Minsk / Tatyana Lobas - BELTA /. Belarus ranked first among the CIS countries in terms of retail trade growth in January-October this year, BELTA was informed by the National Statistical Committee of Belarus.
According to Belstat, for ten months of 2010, retail trade, including public catering, through all sales channels increased in Belarus by 16.6% compared to the same period last year, and in October compared to September - by 5.3%. Moreover, the contribution of food and non-food groups to the total retail trade volume was equal - 50% each.
Kazakhstan ranked second in this indicator, where trade turnover for ten months increased by 12.5% compared to January-October last year. In Russia, it grew by 4.4%, in Tajikistan - by 11.8%. The top five leaders also included Azerbaijan with an 8.6% growth in this indicator and Ukraine, where trade turnover increased by 5.8% over ten months. The lowest retail trade growth was recorded in Armenia - 0.7%, and in Kyrgyzstan it decreased by 4.3%. There is no data for Moldova.
As noted in Belstat, the increase in retail trade in Belarus is due to the growth in sales of both food and non-food products. The country's consumer market has been characterized by stability and product saturation in recent years. The population is continuously provided with necessary food products and industrial goods in accordance with demand. Retail outlets offer a wide range of goods in various price categories. -0-