Czech retail sales growth eases in July

Retail

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The Czech retail sales increased at a softer pace in July, data from the Prague-based Czech Statistical Office (CZSO) showed on Tuesday.

Retail sales accelerated by a working-day 5.5% year-on-year in July, after a 6.7% growth in June.

On an unadjusted basis, retail sales gained 3.1% annually in July. On a month-on-month basis, retail sales excluding automobile trade rose a seasonally adjusted 0.5% in July.

Sales of non-food rose 0.5%, while sales of food goods declined 1.1%. Sales of automotive fuel increased 6.1%. 

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