The rise in prices “primarily” the “high” sales of clothes and shoes in 2023

“Inflationary” was primarily the increase of 2023 in – footwear above the level that had reached before the pandemic (2019), according to he stressed yesterday (05.03). 24) on the basis of its data This means that the highest in relation to the level of turnover in clothing – footwear is due in particular to the ejecting of prices. In summary, according to ElSTAT’s data, the turnover index (i.e. the turnover resulting from the price outcome of the product units sold) between 2019 – 2023 increased by 14.8%. However, during the same period, the volume index (i.e. the product units) in clothing – footwear in 2019 – 2023 increased by just 4.4%, while the price index by 10.8%. In other words, the volume index increased at a rate of almost four times the rate of increase in the turnover index, which “shows” that it was mainly the price increase that brought the turnover upwards and not the increase in the number of products sold. More specifically, the turnover index (jiru) in 2019 reached 104.6 points, but 2020 marked a significant drop due to the covid-19 pandemic at 80.4 points. In 2021 the index increased to 104.3 points, in 2022 increased to 112.4 points, while land 2023, when the indicator reached 120.1 points. In 2019 the volume index was at 110.4 points, but in 2020 it decreased (due to the pandemic) to 86.4 points. In 2021 the index was launched at 110.9 points, while in the following years, 2022 and 2023, there was a slight increase in 113.7 and 114.8 points respectively. In 2023 the price index of the clothing and footwear industry amounted to 109.97 points versus 99.09 units in 2019 or otherwise increased by 10.8 points.

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