KSH: Last year’s base also accelerated the decline of the March retail sales

In March, retail sales fell by 2.9 percent, compared to a year before. After the January decline of 2.3 and the 1.2 percent decrease of February, last year’s high 1.5 percent increase of March played a large role – shows the datas of the Central Statistics Office (KSH).

The turnover of stores, selling food and food-type mixed goods was 1.1 percent lower, compared to the previous year, after the 2.8 percent decrease of January and the 2.7 percent decline of February. The preliminary report indicated a 0.9 percent drop in turnover in this group. (MTI)