Analysts: the growth in retail sales continues at a slower pace

The retail sales growth may continue, but the growth rate is expected to slow down by the end of the year – analysts told to MTI, referring to the data of the Central Statistical Office (KSH).

According to the first estimate of the Central Statistical Office (KSH) published on Wednesday, the retail sales volume in April increased by 4.4 percent (raw data) and by 5.3 percent (calendar effect adjusted) , compared to the same period of the previous year. Retail sales increased by 1.6 percent in food trade, 7.8 percent in non-food retail, and by 9.3 percent in fuel retail, compared to the same period of the previous year. (MTI)