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Andorra Retail Sales Dip 2% in Real Terms Despite Nominal Rise

Andorra's large retail outlets saw a 0.5% sales increase at current prices in December 2025, but a 2.0% decline adjusted for inflation, with.

Synthesized from:
Diari d'AndorraAltaveu

Key Points

  • Retail sales up 0.5% at current prices YoY, down 2.0% inflation-adjusted.
  • Food sales -1.1%, non-food -2.8% in constant prices.
  • Employment down 0.6% to 103.1% index; women 64% of staff, up 4%.
  • 91.3% full-time contracts; peak sales index in August at 24%.

Sales in Andorra's large retail outlets rose by 0.5% in December 2025 compared to the previous year at current prices, though inflation-adjusted figures showed a 2.0% year-on-year decline, according to data from the Statistics Department.

The real-terms drop reflects subdued demand after stripping out price increases. Food sales fell 1.1% in constant prices, ending the year negatively even in this usually stable category. Non-food products declined more sharply by 2.8%, continuing a pattern of weaker performance in that segment.

At current prices, food sales grew 1.0% year-on-year, while non-food items held steady versus December 2024. One report cited a 3.6% drop in the constant-price index, but official breakdowns confirm the 2.0% figure.

Employment in these outlets dipped 0.6% from December 2024, with occupied personnel at an index of 103.1%—down from 103.6% the prior year. Women accounted for 64% of the workforce, up 4% from the previous year, while male employment fell 6.6%. Overall, 91.3% of staff held full-time contracts. July 2025 saw the highest employment levels at 101%, while November peaked for female representation at 64%. August recorded the strongest constant-price sales index at 24%.

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