ADVERTISEMENT

Czech retail sales grow in May

Figures

Photo by andriano.cz / Shutterstock.com

The Czech Republic’s retail sales grew in May, data from the Czech Statistical Office (CZSO) shows. Retail sales rose by a working-day adjusted 2% annually in May, after a 10.7% decline in April. 

Photo by andriano.cz / Shutterstock.com

On an unadjusted basis, retail sales declined 0.7% year-on-year in May. Economists had expected a 6.5% fall.

On a month-on-month basis, retail sales excluding automobile trade rose a seasonally adjusted 11.6% in May.

Sales of automotive fuel accelerated 20.5% in May. Sales of food grew 17.7% and those of non-food goods gained by 2%. Customers continued to purchase the goods mostly over the internet in May, CZSO said on July 8.

ADVERTISEMENT

MKIK: Local business tax should be maintained Analysis

MKIK: Local business tax should be maintained

Parl't votes to phase out savings coops integration framewor... Parliament

Parl't votes to phase out savings coops integration framewor...

Roche Szolgáltató appoints P&C business partner lead Appointments

Roche Szolgáltató appoints P&C business partner lead

Capital sees urban exodus during pandemic City

Capital sees urban exodus during pandemic

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.