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Retail sales volume up 5.7% yr/yr in May

Retail sales volume was 5.7% higher in May than in the same month a year earlier, according to work day-adjusted figures published by the Central Statistics Office (KSH) on Thursday. Retail sales volume in
May rose 0.3% from April, according to seasonally and working day-adjusted figures. Retail sales volume in the first five months of the year rose an adjusted 4.6%, compared to the same period in 2004. In January-May, retail turnover was Ft 2,033.8 billion at current prices. In line with EU statistics, the figures do not include sales of vehicles, vehicle parts or fuel. Including sales of vehicles, vehicle parts and fuel, retail sales volume rose 4.3% yr/yr in May, with sales of vehicle and vehicle parts down 3% and fuel sales volume up 3.1%, unadjusted figures show. Retail sales volume, including vehicle and fuel sales, rose 2.9% yr/yr in the first five months of 2005 to Ft 2,835.3 billion.