KSH: retail sales rose by 5.5 percent in 2015

Together with the 5.0 percent increase in December 2015, the annual retail trade turnover growth was 5.5 percent higher than in the previous year, when it was 5.2 percent. The calendar-adjusted data shows an annual increase of 4.5 percent in December and 5.6 percent for the entire year – the Central Statistical Office (KSH) reported on Wednesday.

According to the adjusted data, the retail trade of food and food items incresed both by 3.4 percent in December and over the whole year. The non-food retail sales rose by 6.4 percent in December and by 7.6 percent for the full-year. Fuel sales in December were only 3.7 percent higher over the previous year's high base, but during the year it was 7.1 percent higher than in 2014. (MTI)