Czech retail sales expanded 5.4 percent last year

Retail sales rose 5.4 percent in the Czech Republic last year – the Czech Statistical Office (CSU) announced on Wednesday in Prague. A year before, in 2013, the annual increase was one percent.

The retail sales dropped by 0.4 percent in December, compared with November. On an annual basis ans calendar effect adjusted the increase was 4.2 percent.

The faster growth of last year was primarily due to the automotive segment: the turnover rose by 11.6 percent in the automotive industry.
In the rest of retail trade the annual growth of turnover was 2.8 percent. (Kokes János, MTI)