Slovakia Retail Sales Drop Less in July

Retail

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Retail sales in Slovakia decreased 4.4% year-on-year in July, marking the sixth consecutive period of falling activity but easing from a 5.1% plunge in June, figures released by the Bratislava-based Slovak Statistical Office (SÚSR) on Wednesday show.

Trade in non-specialized stores fell 4.3% (vs -6% in June).

Sales also dropped less for household equipment in specialized stores (12.8% vs -13.9%), food, beverages & tobacco (-10.9% vs -11.4%), and via stalls & markets (-5% vs -15.7%).

On the other hand, they fell sharper in not stores, stalls or markets (-2% vs -0.7%) and specialized stores (-6.9% vs -4.8%).

Meanwhile, turnover growth was maintained in automotive fuel (33.1% vs 34.5%), ICT in specialized stores (15.6% vs 15.2%), and cultural & recreation goods (4% vs 4.5%).

On a monthly basis, retail trade gained 0.9%, following a 0.3% increase in June.

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