Czech retail sales growth improves in January

Retail

Image by Pixabay

The Czech retail sales grew at a faster pace in January after easing in the previous month, data from the Czech Statistical Office (CZSO) showed on Monday.

Retail sales grew by a working-day 8.5% year-on-year in January, following a 0.1% rise in December.

On a month-on-month basis, retail sales excluding automobile trade rose a seasonally adjusted 1.6% in January.

Retail sales growth was largely led by sales in "clothing and footwear" and "other household equipment", the Prague-based agency said.

Separate data showed that industrial producer prices in the Czech Republic grew 21.3% year-on-year in February, after a 19.4% rise in January. On a monthly basis, producer prices rose 2.2%. 

MOL Shareholders Approve Dividend of Around HUF 250/Share Figures

MOL Shareholders Approve Dividend of Around HUF 250/Share

Gov't Awards HUF 6.5 bln of Subsidies to SMEs in Underdevelo... Government

Gov't Awards HUF 6.5 bln of Subsidies to SMEs in Underdevelo...

Hungary's Largest ESG Consultancy Formed by Merger of EY, De... Deals

Hungary's Largest ESG Consultancy Formed by Merger of EY, De...

Liz & Chain Rooftop Bar Debuts Sustainable Cocktails Drinks

Liz & Chain Rooftop Bar Debuts Sustainable Cocktails

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.