Analysts: retail sales may continue to increase

MTI analysts expect further growth in retail sales based on the latest data of the Central Statistical Office (KSH).

According to the communication of the Central Statistical Office (KSH) published on Tuesday, the volume of retail sales grew by 6.3 percent in October, both according to the raw data and calendar effect adjusted. Sales of non-food commodity goods grew by 9.7 percent, food sales by 3.1 percent, fuel prices rose by 7.1 percent calendar effects adjusted. (MTI)