KSH: growth rate of retail sales consolidated in April

In April, the volume of retail sales grew by 3.5 percent according to the raw data, while calendar effect adjusted, mainly due to the Easter effect increased by 2.0 percent – the Central Statistical Office (KSH) reported.

In March, according to the raw data, the annual growth rate of turnover grew by 3.3 percent, while calendar effect adjusted increased by 5.4 percent, following a modest increase of 1.0 percent in February.

In the first four months of the year, the volume of traffic calendar effect adjusted was 3.0 percent higher than in the same period of last year. (MTI)