Czech Retail Sales Rise in December

Retail

Retail sales in the Czech Republic rose a calendar-adjusted 1.6% year-on-year in December, accelerating from a downwardly revised 0.1% increase in November, data from the Prague-based Czech Statistical Office (CZSO) on Wednesday show.

Sales of non-food products grew 2.5%, while those of food, beverages, and tobacco dropped by 0.2%.

At the same time, retail sales of automotive fuel in specialized stores increased 2.3%, and sales and repairs of motor vehicles and motorcycles gained notably by 5%.

Data also showed that retail sales via mail order or the internet advanced 5.5%.

Compared to the previous month, retail sales edged up by 0.2%. During the whole year 2023, overall retail sales declined 4.1% compared with 2022. 

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