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Serbia Retail Sales Fall in April

Retail

Image by LaMography

Serbia's retail sales decreased by a real 6.1% on the year in April, after falling by an annual 9.0% a month earlier, data from the Central Statistics Office (RBS) showed on Wednesday.

Month-on-month, retail sales went up by 0.9% in April, following a 14.4% increase in March.

At current prices, April retail sales added 7.3% on the year and were 1.6% higher on the month.

A separate report from the Belgrade-based statistics agency showed that the country's industrial production increased by 0.4% year-on-year in April, after expanding by an annual 0.9% in March.

On a seasonally adjusted monthly basis, industrial output fell by 1.2%. 

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