In January, the growth of retail trade in the Czech Republic accelerated
n January, retail sales in the Czech Republic increased by 2.4 percent compared to a year earlier, after 1.2 percent in December, the Czech Statistical Office announced on Wednesday in Prague.
In a monthly comparison, the retail turnover in January was one percent higher than in the last month of last year.
Last December, the 19-month decline stopped and the statistics showed a moderate increase again. The growth in January was primarily determined by the continuously slowing inflation – the analysts pointed out. Lower bank interest rates also had a positive effect.
Jana Gotvaldová, director of the statistical office, pointed out at a press conference that the increase in January was primarily driven by greater interest in manufactured goods, fuels and food.
Related news
Prague Castle remains the most visited tourist destination in the Czech Republic
The most visited tourist destination in the Czech Republic is…
Read more >Despite economic recovery, the number of insolvencies has increased in the Central and Eastern European region
The annual insolvency report for Central and Eastern Europe (CEE)…
Read more >Record Number of Hungarians Set to Travel – Foreign Holidays on the Rise
Post-pandemic recovery continues: according to a representative survey by CIB…
Read more >Related news
An unusual competition could create the shopping experience of the future
Registration is now open for Hungary’s first shopping mall hackathon.…
Read more >Croatian real estate fever subsides: investors are looking for new targets
The Croatian coast has been unwaveringly popular among Czech holiday…
Read more >Summer break: Hungarian families spend hundreds of thousands of forints
In addition to relaxation, summer vacation also means serious logistical…
Read more >