Slovak Retail Sales Rebound in December

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Retail sales in Slovakia went up 2.7% year-on-year in December, the first increase since July, following a 1.4% decline in the previous month, data released by the Bratislava-based Slovak Statistical Office (SÚSR) showed on Monday.

Sales increased for food, beverages & tobacco (13.5% vs 6.2%), other goods in specialized stores (17.4% vs 5.6%), non-specialized stores (1% vs -1.7%), and automotive fuels in specialized stores (6.4% vs 6%).

Meanwhile, declines eased for sales in other household equipment in specialized stores (-3.3% vs -8.1%) and stalls & markets (-2.6% vs -12.5%).

On a monthly basis, retail sales rose by 1.4%, after from 1.7% rise in November. Considering the full year of 2022, retail trade advanced by 4.3% over a year earlier.

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