The growth of Czech retail sales slowed down in May
Retail sales in the Czech Republic increased for the sixth month in May, but the rate of growth slowed to 4.4 percent from 5.7 percent in April, the Czech Statistical Office announced on Thursday in Prague.
The traffic in May was 0.1 percent lower than in April.
Jana Gotvaldová, director of the statistical office, told journalists at a press conference that “the increase in retail turnover in May was mainly due to the increase in the turnover of mixed-offer stores, mainly grocery stores, online stores, and parcel delivery services.”
In an annual comparison, the turnover of general stores was 4.9 percent higher in May, and the turnover of internet stores and mail order services was 14.5 percent higher than a year ago, explained Jana Gotvaldová.
Related news
Annual inflation in the Czech Republic was 2.7 percent in March as well
In March, consumer prices in the Czech Republic increased by…
Read more >Retail turnover accelerated on an annual basis, but fell compared to February – sector outlook
As expected, weaker data came from stores: retail sales decreased…
Read more >KSH: in February, retail turnover exceeded the same period of the previous year by 3.3 percent, decreasing by 0.6 percent compared to the previous month
In February, the volume of retail trade turnover decreased by…
Read more >Related news
Nestlé rolls out KitKat chocolate tablets in Romania
Nestlé has launched a new 99g KitKat chocolate tablet line…
Read more >North Macedonian Discounter Stokomak Expands To Serbia
North Macedonia’s hard discounter Stokomak has launched its first Serbian…
Read more >Barilla debuts Al Bronzo collection
Barilla has announced the return of its Al Bronzo pasta…
Read more >