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Financial News: Czech Retail Sales Growth Rises Unexpectedly

Czech Retail Sales Growth Rises Unexpectedly

08/07/2019 - 06:24:00 (RTTNews)

(RTTNews) - The Czech Republic's retail sales growth rose unexpectedly in June, figures from the Czech Statistical Office showed on Wednesday.

Retail sales rose 6.2 percent year-on-year in June, after a 2.7 percent increase in May. Economists had expected a 1.3 percent rise.

Sales of non-food goods gained 9.4 percent annually in June and those of automotive fuels of specialized stores and food beverages and tobacco rose by 4.0 percent and 3.0 percent, respectively.

On a monthly basis, retail sales rose 1.7 percent in June.

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