The state-owned passport producer earned 16 million euros in 2024, a rate of 44%.
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Retail trade continued to grow in the second quarter of this year, driven by the high number of tourists visiting the country.
However, INSTAT data highlights an interesting behavior of consumers, both domestic and foreign, during this period, that of a strong increase in fuel consumption and a slowdown in other products.
According to INSTAT, the retail sales volume index, calculated based on the deflation of the value sales index, reached 117.1, marking a 6.2% increase, compared to the second quarter of 2024. Growth rates have slowed compared to the previous two quarters, when the indicator expanded by over 7%.
Broken down by category, the growth was significantly led by fuel consumption. The index “Retail trade of hydrocarbons in specialized trade units” increased by 10.1%, from 5.3% in the same quarter a year ago.
In contrast, “retail trade (excluding retail trade of hydrocarbons in specialized trade units)” grew by 4.9%, from 6.2% in the same period a year earlier.
According to INSTAT, in the annual change of +6.2%, in the second quarter of 2025 compared to the second quarter of 2024, in retail trade, the groups contributed as follows:
"Non-food items in specialized and non-specialized trade units" with +2.2 percentage points.
The group "Food, beverages and tobacco in non-specialized and specialized trade units" contributed with +1.5 percentage points and the group "Retail trade of hydrocarbons in specialized trade units" with +2.5 percentage points.
Quarterly statistics on retail trade at enterprises describe the latest performance and developments of economic indicators in retail sales units and household consumption in the country./ Monitor
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