Slovakia Retail Trade Falls in September
Photo by maxbelchenko / Shutterstock.com
Retail sales in Slovakia shrank 5.4% year-on-year in September, slipping further from a 2.1% decrease in the previous month, figures from the Bratislava-based Slovak Statistical Office (SÚSR) showed on Wednesday.
It was the eighth consecutive month of decline and the steepest fall since May. Sales decreased in most components: food, beverages & tobacco in specialized stores (-20% vs -6.8% in August), other household equipment in specialized stores (-16.7% vs -9.1%), ICT in specialized stores (-14.7% vs -10.5%), not in stores, stalls or markets (-12% vs 2.8%), via stalls and markets (-11.8% vs -9.9%), other goods in specialized stores (-7.9% vs -5%), cultural & recreation goods in specialized stores (-5.4% vs 2.6%), and in non-specialized stores (-3% vs -3%).
Meanwhile, sales growth slightly eased for automotive fuel in specialized stores (24.8% vs 25%). On a monthly basis, retail trade dropped 2.2% in September, the first decline in five months, data show ed.
Conditions for New Home Renovation Grant Softened
Liz & Chain Rooftop Bar Debuts Sustainable Cocktails
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.
