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
Colliers: Central and Eastern European commercial real estate market recovery continued in the first quarter
The Central and Eastern European commercial real estate market continued…
Read more >Retail sales growth accelerated in Poland and unemployment fell in April
In Poland, retail sales in April accelerated strongly in April,…
Read more >The gap between wages and retail sales growth is widening
Last year, 39% of salaries were spent in retail, which…
Read more >Related news
A new era in the global economy? – New challenges for our country
May 2025 brought an acceleration of change in the global…
Read more >This is how you can keep your hair and skin healthy during the approaching summer heatwave
Styling, dyeing and blow-drying can all weaken the internal structure…
Read more >New cycle, stable operation, unchanged direction – ÖRT management has received trust
The General Assembly of the Hungarian Self-Regulatory Advertising Board (ÖRT)…
Read more >