In the third quarter (Q3) 2024, retail sales recorded a negative growth of 5.6 per cent year-on-year, after decreasing by 6.1 per cent in Q2 2024. On a quarter-on-quarter basis, retail sales also recorded a decrease by 6.3 per cent following a decrease of 6.4 per cent in Q2 2024.
The total value of retail sales in Q3 2024 was estimated at BND392.4 million. Almost one-third (26.3 per cent) was contributed by Department Stores with sales worth BND103.3 million, followed by Supermarkets (BND71.8 million or 18.3 per cent).
In terms of volume, retail sales recorded a negative growth of 5.1 per cent year-on-year in Q3 2024, after decreasing by 5.9 per cent in Q2 2024. On a quarter-on-quarter basis, retail sales also recorded a negative growth of 6.3 per cent after decreasing by 8.4 per cent in Q2 2024.