Are you sure?

Retail sales volume up adjusted 7.3% yr/yr in September

Retail fuel and vehicle sales alone came to Ft 192 bln in September, increasing 1.1% yr/yr, Central Statistics Office (KSH) reported. Fuel and vehicle sales in Q1-Q3 were Ft 1,580.8 bln, up 9% yr/yr. Sales of fast-moving consumer goods (FMCG) increased 6.6% yr/yr in September, and were up 1% compared to August. FMCG sales rose 3.8% yr/yr in January-September. Sales of non-food products increased 7.9% yr/yr in September, and rose 1.2% compared to August. Sales of non-food products were up 6.9% yr/yr in January-September. Sales of furniture, household items and construction material sales increased 13.1% yr/yr in September, well over the average increase in retail sales. Sales of medicine, health products and perfume increased 9.3% yr/yr in September, and were up 2.7% compared to August. Sales of these products were up 12.2% yr/yr in January-September. Sales of used goods fell 16.6% yr/yr in September, and were down 29.6% compared to August. Still, sales of used goods rose 3.2% yr/yr in January-September.