KSH: the volume of retail sales grew by 7 percent in the first quarter

According to the raw data retail sales increased by 6.5 percent. According to the calendar effect adjusted data, retail sales rose by 5.1 percent in March, compared with the previous year.

In the first quarter the volume of sales increased by 7.0 percent, while according to the adjusted data the sales volume increased by 6.7 percent – the Central Statistical Office (KSH) reported on Wednesday on the basis of the second estimate. The data is the same as it was published in the first estimate on 6May. The increase in retail sales continued unabated for the 21st month this month. (MTI)