Retail sales growth slowed, but still strong
Compared to the previous months, the growth of retail sales slowed, but remained strong in August, according to experts who also added that the cheaper fuel continue to pull the balance up.
According to the data published on Monday by the Central Statistical Office (KSH) the volume of retail sales in August increased by 4.7 percent, compared with a year before, according to both the raw and calendar adjusted data. Sales increased by 3.7 percent in food and beverages retail, in non-food retail the growth was 4.6 percent, while fuel retail sales rose by 7.4 percent. (MTI)
Related news
KSH: retail turnover in November exceeded the same period of the previous year by 4.1 percent and the previous month by 0.6 percent
In November 2024, the volume of retail trade turnover increased…
Read more >NGM: Public confidence is apparently starting to return
The government is working to improve the economy so that…
Read more >NGM: the government is working to strengthen domestic industry, which is being held back by the crisis in the German economy
The government is working to strengthen domestic industry, which is…
Read more >Related news
KSH: retail turnover in November exceeded the same period of the previous year by 4.1 percent and the previous month by 0.6 percent
In November 2024, the volume of retail trade turnover increased…
Read more >NGM: Public confidence is apparently starting to return
The government is working to improve the economy so that…
Read more >Fidelity Outlook 2025: The US is ready for reflation
The Republicans’ landslide victory in the November election has significantly…
Read more >