Czech Retail Sales Growth Accelerates in March
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Retail trade in the Czech Republic rose 6.1% year-on-year in March, up from an upwardly revised 2.5% gain the previous month, data from the Czech Statistical Office (CZSO) showed on Thursday.
Retail sales, except motor vehicles and motorcycles, rose a calendar-adjusted 6.1% year-on-year in March, much faster than the 2.5% increase in the previous month.
Sales of non-food products grew 7.7% and those of food, beverages, and tobacco increased by 4%.
Retail sales of automotive fuel in specialized stores increased by 6.7%, and sales and repairs of motor vehicles and motorcycles climbed by 4.8%. Data also showed that retail sales via mail order or the internet advanced 14.9%.
On a seasonally adjusted monthly basis, retail trade rose 1.3% in March, rebounding from a downwardly revised 0.3% fall in the previous month.
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