Slovakias May retail sales decline at fastest rate in seven months.

By bne IntelliNews July 6, 2011
Slovakias retail sales fell by 3.5% y/y to EUR 1.43bn in May 2011, registering their fastest annual decline since October 2010, the statistics office said. Sales have been decreasing since the start of the year, except for February when they remained flat. In April sales inched down by 0.3% y/y. Only sales of ICT products in specialised stores have been growing since January. Sales in non-specialized stores that accounted for 43.7% of the total decreased by 0.5% y/y, following a 5.9% y/y rise in the previous month. Sales of other goods in specialized stores continued to decline - down by 2.3% y/y to EUR 264.1mn. Sales of automotive fuels in specialized stores dropped by 15.6% y/y, mainly due to rising prices.
Notice: Undefined index: social in /var/www/html/application/views/scripts/index/article.phtml on line 259

Related Articles

Slovakia one of possible locations for new BMW plant.

German car maker BMW considers building a new plant in eastern Europe and Slovakia is one of the potential locations, Hospodarske Noviny business daily reported citing BMW's board member Ian ... more

Slovakia jobless rate edges down to 14.7% in February 2013.

Slovakia's unemployment rate in February 2013 fell for the first time in six months going down to 14.7% from 14.8% in January when it reached its highest level in more than 8.5 years, data from ... more

Frances CCN Group considers new plant in Slovakia - report.

France-based CCN Group, a supplier of components for turbines and automobiles, considers building a new plant in Slovakia in the town of Belusa, Hospodarske Noviny daily reported citing unnamed ... more