Czech retail sales climb 7.8% y/y in November

Czech retail sales climb 7.8% y/y in November
Czech retail sales expanded by 7.8% year-on-year in November
By bne IntelliNews January 12, 2018

Czech retail sales expanded by 7.8% year-on-year and 3.1% month-on-month in November, the country’s statistical office reported on January 11.

The figures, which are preliminary, compare to a 3.9% y/y growth in October, and a 1.6% m/m decline.

The figures were higher than expected, demonstrating that there is still life in the country’s consumption boom. Sales for sale of non-food goods increased by 3.1% y/y, for automotive fuel by 1.5%, and for sale of food by 1.2%.

Motor vehicles (which are not included in the overall figures) grew by 0.1% m/m but fell 0.8% y/y.

The m/m figures are seasonally adjusted, and both sets of figures are in constant prices.

Data

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