Trademagazin > News and articles > Company and Personal News > Czech retail sales are getting more and more lower
Czech retail sales are getting more and more lower
The Czech retail sales declined in December, due to the still weak private consumption. Annual sales, decreased by 1.9 percent after the 4.7 percent of November.
The decline is lasting for 15th months now, although the rate of relapse in December was well below the expectations of the analysts, that was about 3 percent.
Retail sales last year fell by 4.3 percent, because many jobs have disappeared, due to the declining exports and this set back private consumption and the purchasing power of the households – reports ProfitLine.hu.
Related news
More related news >
Related news
Mango store with a unique concept opens in Allee
Mango has reopened its store in Allee in a new…
Read more >Tesco offers 30% discount on over 4,000 drugstore products
From June 5, more than 4,000 beauty, chemical and stationery…
Read more >Historic drop: Wizz Air’s share price collapses after weak interim report
The market reacted to Wizz Air’s latest interim report with…
Read more >