KSH: retail sales rose by 4.5 percent in September

In September, the annual growth rate of retail sales accelerated to 4.5 percent from the 2.5 percent rate of August, according to calendar adjusted data. The unadjusted index indicates an increase of 5.0 percent – the Central Statistical Office (KSH) announced on Wednesday, on the basis of the first estimates.

This September, the demand for food after the August decline was 2.4 percent higher than a year before, while the sales of non-food items reached a 5.9 percent growth. The fuel consumption has also increased, exceeding last year’s sales with 7.6 percent after the annual growth of 4.3 percent of August. (MTI)