Czech retail sales surge in November

Retail

Image by Pixabay

The Czech retail sales increased further in November, data from the Prague-based Czech Statistical Office (CZSO) showed on Thursday.

Retail sales grew by a working-day 11.7 % year-on-year in November, following a 7.6% rise in October.

On an unadjusted basis, retail sales gained 13.2% annually in November. It was the strongest growth in retail activity since at least January of 2001.

Sales increased for non-food products (23.0%) and automotive fuel (8.8%) but decreased for food (-0.1%). On a seasonally adjusted monthly basis, retail sales fell by 1%, after an upwardly revised 1.7% rise in the prior month. 

ADVERTISEMENT

Romania PPI Inflation Rises Further in August Analysis

Romania PPI Inflation Rises Further in August

Gov't Clears HUF 200 bln Aid for SMEs in Energy-Intensive Ma... Government

Gov't Clears HUF 200 bln Aid for SMEs in Energy-Intensive Ma...

Róbert Ésik Joins EY as Partner Appointments

Róbert Ésik Joins EY as Partner

Teachers' Strike Demonstration Attracts Thousands in Capital City

Teachers' Strike Demonstration Attracts Thousands in Capital

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.