Home Economy Czech Retail Sales Growth At 3-month High

Czech Retail Sales Growth At 3-month High

by RTTNews Staff Writer

The Czech Republic’s retail sales growth strengthened for the second month in February, preliminary figures from the Czech Statistical Office showed on Friday.

Retail sales excluding automobile trade rose a non-adjusted 5.1 percent year-on-year in February, following a 4.9 percent in January. In December, the sales rose 3.1 percent.

The latest increase was the fastest since November, when sales grew 6.1 percent.

On a month-on-month basis, retail sales increased a seasonally adjusted 0.4 percent in February.

Sales growth was driven by increased demand for clothing, footwear, and sports and recreation goods.

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