KSH: an increase in retail sales in July

According to the raw data the volume of retail turnover in July, increased by 2.7 percent. The calendar effect adjusted data rose by 3.8 percent compared to the same period last year – the Central Statistical Office (KSH) announced on Monday.

In the previous month the annual growth of turnover was 5.7 percent, according to both the calendar effect adjusted and the raw data.

The turnover of food and fuel has slowed considerably in the seventh month of the year and the demand for industrial goods also showed a more moderate rate of growth than in the previous half year. (MTI)