Czech Annual Retail Sales Fall in June
The Czech Republic's retail sales declined for the fourteenth successive month in June, as sales of both food and non-food items dropped, data from the Prague-based Czech Statistical Office (CZSO) showed on Friday.
Retail sales, except motor vehicles and motorcycles, fell a calendar-adjusted 4.1% year-on-year in June, slower than the revised 6.3% drop in the previous month.
Sales of food, beverages, and tobacco contracted 5.3% annually in June, and those of non-food products decreased by 6.6%.
At the same time, retail sales of automotive fuel in specialized stores grew markedly by 12.2%, and sales and repairs of motor vehicles and motorcycles increased by 0.6%. In addition, retail sales via mail order or the internet deteriorated by 7.3%.
Compared to the previous month, retail sales moved up 0.3% in June.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.