The turnover in the wholesale trade (excluding trade with motor vehicles and motorcycles rose in February 2018 compared to the previous moths with 6 percent in nominal terms but it has decreased by 1.7 percent in adjusted series, according to NIS data. Compared to February 2017 the turnover in wholesale increased by 5.8 percent in nominal terms and by 7.7 percent in adjusted series.

For the first two moths the sales increased by 9.4 percent in nominal terms and by 8.8 percent in adjusted series. The growth was due to rising wholesale of other machinery and supplies by 12.9 percent, wholesale of non-consumer goods by 12.8 percent, specialized wholesale of other products by 11.2 percent and wholesale trade by 11.1 percent.

There was also a growth in wholesale of food, beverages and tobacco by 7.1 percent, intermediation in wholesale by 6.6 percent, wholesale computer and telecommunications equipment by 5.5 percent and wholesale of raw agricultural products and live animals by 4.5 percent.

In 2017, the wholesale turnover (excluding the trade with motor vehicles and motorcycles) in nominal terms increased as gross series by 7.5 percent compared to 2016. The growth was due to the increases registered by the non-specialised wholesale with 16.5 percent, by the other specialised wholesale with 14.6 percent, by the wholesale of household goods, other than food with 6.8 percen), by the wholesale of food, beverages and tobacco with 5.9 percent, agricultural raw materials and live animals with 5.2 percent and other machinery, equipment and supplies by 5 percent.

The post Wholesale turnover increased by 8.8 percent in the first two months appeared first on Business Review.