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Selver: even the increase in wages hasn’t compensated for thedecreaseinpurchasingcapacity

Selver: даже рост зарплат не компенсировал снижение покупательской способности

Head of Commercial analysis Selver Christian Anderson noted, that the data on retail trade for November of the last year show, that despite that revenues have increased, the purchasing power of

consumers remains low. Logo Selver. Logo Selver. Photo: Tomi Saluveer

Head of Department Commercial Analysis Selver Christian Anderson noted, that data on retail trade for November of last year show, that despite that revenues have increased, the

purchasing power of consumers remains low.

On Thursday The Department of Statistics reported, that in November 2024 year the revenues of retail trade were 884 million euros, but sales volume decreased by 1% compared with the same period of the last year.

The Selver spokesman emphasized that November 2024 was the most successful month of the year in retail trading. “Growth in current prices was +0.9%, while sales decreased by only -0.7%. But when evaluating the result must take into account the significantly lower base of comparison for long-term use goods. Even for food and commodities first need November showed the best results for the first half of the year. Nevertheless, there is concern about the decline in sales, which hassomewhatincreased again,

Anderson said.

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