Retail sales increased above 5 percent in May

In May, the volume of retail sales increased by 5.2 percent according to the calendar-adjusted data, while by 4.2 percent, according to the unadjusted data – the first estimate of the Central Statistical Office (KSH) was announced on Friday.

Retail sales are continuous increasing since mid-2013.

The 5.2 percent annual growth rate of sales shows a stabilization in May after the 5.1 percent of March and 5.0 percent of April.

The calendar-adjusted volume of food retail increased by 1.1 percent, in non-food retail by 9.7 percent, in fuel retail by 5.6 percent in. (MTI)