Czech Retail Sales Fall Further in July 

Retail

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The Czech Republic's retail sales declined for the third straight month in July, data from the Prague-based Czech Statistical Office (CZSO) showed on Wednesday.

Retail sales, except motor vehicles and motorcycles, fell sharply by a calendar-adjusted 7.2% year-on-year in July, following a revised 6.9% decrease in June.

Sales of food, beverages and tobacco fell 5%, and those of non-food products decreased 7.1%. Retail sales of automotive fuel in specialized stores declined sharply by 13.5%.

Sales and repair of motor vehicles and motorcycles also showed a negative growth of 6.2%. On a monthly basis, retail sales decreased 0.6% in July.

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