Page 99 - economic report 2021

BUSINESSES’ OPINIONS OF DEVELOPMENTS IN THE RETAIL TRADE (% of businesses)
Table 12.3

1. Business activity 2019 2020 2021
(Reviewed half-year) Jan-Jun Jul-Dec Average Jan-Jun Jul-Dec Average Jan-Jun Jul-Dec Average
Total retail Good 23 32 28 8 13 11 25 39 32
trade Normal 48 49 49 21 34 28 40 44 42
Bad 29 19 24 71 53 62 35 17 26
Balance -6 13 4 -63 -40 -52 -10 22 6
Food Good 24 39 32 12 3 8 10 34 22
Normal 52 39 46 12 36 24 60 47 54
Bad 24 22 23 76 61 69 30 19 25
Balance 0 17 9 -64 -58 -61 -20 15 -3
Clothing Good 6 31 19 5 4 5 15 26 21
& footwear Normal 53 38 46 15 32 24 30 56 43
Bad 41 31 36 80 64 72 56 19 38
Balance -35 0 -18 -75 -60 -68 -41 7 -17
Household Good 31 33 32 10 28 19 51 50 51
equipment Normal 53 64 59 29 44 37 28 43 36
Bad 17 3 10 61 28 45 21 7 14
Balance 14 30 22 -51 0 -26 30 43 37
Health & Hygiene Good 31 39 35 13 5 9 22 41 32
Normal 46 42 44 13 36 25 57 44 51
Bad 23 19 21 73 59 66 22 15 19
Balance 8 20 14 -60 -54 -57 0 26 13
IT & electronics* Good 26 29 28 8 20 14 27 43 35
Normal 32 59 46 8 27 18 49 41 45
Bad 42 12 27 85 53 69 24 16 20
Balance -16 17 1 -77 -33 -55 3 27 15 97
Vehicles & Good 19 24 22 0 15 8 13 31 22
accessories Normal 52 52 52 39 12 26 45 41 43
Bad 30 24 27 61 73 67 42 28 35
Balance -11 0 -6 -61 -58 -60 -29 3 -13
Other trade Good 28 30 29 7 13 10 27 37 32
Normal 44 52 48 23 34 29 24 43 34
Bad 28 18 23 70 53 62 49 20 35
Balance 0 12 6 -63 -40 -52 -22 17 -3
Large commercial Good 0 25 13 13 0 7 20 100 60
establishments** Normal 44 38 41 13 63 38 60 0 30
Bad 56 38 47 75 38 57 20 0 10
Balance -56 -13 -35 -62 -38 -50 0 100 50
*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.

perceptions of large stores and also the more enthusiastic climate among retailers specialising
in furniture and household equipment which, with a stronger rebound in activity than the other The Andorran economy: developments in the main sectors | XII. Services
subsectors, confirms that it is the most dynamic branch of commerce. In a more moderate but also
favourable context, note the good results in the subsector of IT and electronics and the branch
of hygiene and health. Finally, a slight recovery was also noted in the segment of clothing and
footwear, one of the sectors that suffered most from the downturn in consumption caused by
the pandemic, although the improvement was very modest and still below sector expectations.

In parallel, in the second half of 2021, the global sales figure broke the downward trend of
the preceding half years and followed a more favourable trend in most types of commerce. By