Slovak retail sales fall in March

Automotive

Photo by andriano.cz / Shutterstock.com

Slovakia’s retail trade dropped 3.6% from a year earlier in March, following a 3.9% growth in the previous month, as sales declined for almost all categories due to the coronavirus pandemic, the Slovak Statistical Office (SÚSR) says. 

Photo by andriano.cz / Shutterstock.com

Sales significantly decreased in other service activities compared with the previous month, and fell in accommodation by 50.5%, sale and repair of motor vehicles and motorcycles by 29.1% and in food and beverage service activities by 28.7%, according to the Bratislava-based statistics agency.

On a monthly basis, retail trade plunged 7.8%, the biggest decline since January 2009, SÚSR said on May 6.

Hungary Gasoline Prices 3% Over Regional Avg Energy Trade

Hungary Gasoline Prices 3% Over Regional Avg

Gov't Wants Sustainable Business Model for Magyar Posta Government

Gov't Wants Sustainable Business Model for Magyar Posta

120,000 Guest Workers Employed in Hungary HR

120,000 Guest Workers Employed in Hungary

Budapest Airport Wins 'Best Airport in Eastern Europe' for 1... Awards

Budapest Airport Wins 'Best Airport in Eastern Europe' for 1...

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.