KSH: March retail sales growth slowed slightly

In March the annual growth rate of retail sales slowed slightly. According to the calendar effect adjusted data the retail trade volume was 4.2 percent, compared to a year before.

According to the raw data of the Central Statistical Office (KSH), the dynamics of the growth decreased to 5.5 percent, from the 6.7 percent of February. The difference between adjusted and raw data was caused by the Easter effect – the Central Statistical Office revealed.

The continuous growth in retail trade turnover is going on for thirty-three months, since mid-2013. (MTI)