KSH: 1.2 percent growth in retail sales in July

July – compared to the previous month's decline – the volume of retail sales increased again, and according to the calendar adjusted data exceeded last year’s datas by 1.2 percent – the Central Statistics Office (KSH) on Tuesday, confirming the preliminary datas.

The unadjusted index indicates a 1.8 percent increase, better than the previoulsy forecasted 1.7 percent.

Retail sales showed an increase the first time in April since last March. By considering the stagnation of June, it is not lower than in the same months of the previous year for four months. (MTI)