RETAIL TRADE STATISTICS AS A TOOL FOR ASSESSING REGIONAL ECONOMIC DEVELOPMENT

Retail trade plays a significant role in economic growth by reflecting consumer demand, market activity, and regional development dynamics. This study aims to evaluate the statistical trends of retail trade development and identify the main factors influencing retail turnover. The research applies statistical and econometric methods to analyze changes in retail trade indicators and their impact on economic performance. The findings indicate a stable growth trend in retail turnover associated with increasing household income, urbanization, and business activity. The results contribute to improving policy approaches aimed at enhancing retail sector efficiency and regional economic sustainability.

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