Ljubljana - Revenue from trade in goods increased by over 25% in the first half of the year compared with the same period a year ago as the services industry posted a year-on-year growth of over 20% in the first five months of the year, shows data released by the Statistics Office (SURS) on Wednesday.

Retail revenue from goods was driven by motor fuels and that from services by hospitality.

Retail revenue in real terms increased by 22% in June compared to June 2021, driven by an over 76% rise in revenue from motor fuels.

In the first six months, retail revenue increased by 26% annually. However, excluding motor fuels, growth was at a mere 5.4%.

Retail revenue from motor fuels rose by almost 79% in this period, which compares to an 11% rise in revenue from non-food products and a 1.3% fall from food products.

Revenue from services posted similarly substantial increases.

In May, revenue increased by almost 26% annually, fuelled by all observed groups of services, with the biggest jump recorded in hospitality where revenue more than doubled (111%).

In the first five months of the year, revenue from services was up almost 23% compared to the same period last year, with hospitality revenue almost tripling (173%).