Page 100 - economic report 2021

BUSINESSES’ OPINIONS OF DEVELOPMENTS IN THE RETAIL TRADE (% of businesses) Table 12.4

2. Sales figures 2019 2020 2021
(reviewed half-year compared with
same half-year of previous year) Jan-Jun Jul-Dec Average Jan-Jun Jul-Dec Average Jan-Jun Jul-Dec Average
Total retail Higher 19 28 24 5 14 10 30 47 39
trade Similar 33 36 35 12 15 14 30 24 27
Lower 48 36 42 84 72 78 40 29 35
Balance -29 -8 -19 -79 -58 -69 -10 18 4
Food Higher 10 31 21 12 13 13 18 37 28
Similar 41 39 40 12 9 11 28 19 24
Lower 48 31 40 76 78 77 54 44 49
Balance -38 0 -19 -64 -65 -65 -36 -7 -22
Clothing Higher 16 38 27 5 17 11 8 40 24
& footwear Similar 16 22 19 11 8 10 28 24 26
Lower 68 41 55 84 75 80 64 36 50
Balance -52 -3 -28 -79 -58 -69 -56 4 -26
Household Higher 31 31 31 3 18 11 45 39 42
equipment Similar 50 46 48 17 25 21 29 30 30
Lower 19 23 21 79 58 69 26 30 28
Balance 12 8 10 -76 -40 -58 19 9 14
Health & Hygiene Higher 13 28 21 0 5 3 41 58 50
Similar 43 44 44 23 18 21 41 27 34
Lower 43 28 36 77 77 77 18 15 17
Balance -30 0 -15 -77 -72 -75 23 43 33
IT & electronics* Higher 21 33 27 8 29 19 50 53 52
Similar 26 33 30 8 0 4 21 33 27
Lower 53 33 43 85 71 78 29 14 22
Balance -32 0 -16 -77 -42 -60 21 39 30
98
Vehicles & Higher 15 19 17 0 4 2 33 45 39
accessories Similar 27 30 29 0 13 7 27 23 25
Lower 58 52 55 100 83 92 40 32 36
Balance -43 -33 -38 -100 -79 -90 -7 13 3
Other trade Higher 22 24 23 5 15 10 19 52 36
Similar 31 40 36 10 17 14 36 18 27
Lower 47 37 42 85 68 77 45 30 38
Balance -25 -13 -19 -80 -53 -67 -26 22 -2
Large commercial Higher 0 25 13 0 0 0 20 75 48
establishments** Similar 22 0 11 13 13 13 40 25 33
Lower 78 75 77 88 88 88 40 0 20
The Andorran economy: developments in the main sectors | XII. Services
Balance -78 -50 -64 -88 -88 -88 -20 75 28
*From the f rst half of 2021, on adaptat on of the sample to the new classif cat on of economic act vit es (CAEA-19), this subsector, as well as electronics, also
includes retail sales of computers, peripheral equipment and computer programmes, and is called “IT & electronics”.
**From the f rst half of 2021, on adaptat on of the sample to the new classif cat on of economic act vit es (CAEA-19), supermarkets are included in the
subsector “Food” and this branch only includes “Large commercial establishments”.
Source: Chamber of Commerce, Industry and Services of Andorra.

Sales f gures grew again in subsectors, large stores saw a more generalised

commerce in the second half of increase in sales (3 of every 4 large commercial
2021, especially in large stores. establishments saw higher turnover volumes
than one year earlier).

Among the factors limiting business activity, rising operating costs are an ever greater worry for
businesses, indicated by 45% of retailers, compared with 20% in the previous half.

The trend in prices continued upwards, driven by the impact of limitations on supplies and rising
commodity and transport prices. As for the labour market, the rate of decline in employment
slowed in comparison with previous half-years despite the generalised removal of the ERTO