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Financial News: Czech Retail Sales Rise In December

Czech Retail Sales Rise In December

02/05/2021 - 05:28:00 (RTTNews)

(RTTNews) - The Czech retail sales rose in December, data from the Czech Statistical Office showed on Friday.

Retail sales rose by a working-day adjusted 1.4 percent year-on-year in December, after a 4.5 percent fall in November.

On an unadjusted basis, retail sales rose 3.7 percent annually in December, after 6.2 percent fall in the previous month. Economists had expected a 1.3 percent fall.

On a month-on-month basis, retail sales excluding automobile trade grew a seasonally adjusted 8.3 percent in January.

Sales of food fell 0.2 percent, while sales of non-food goods grew 17.1 percent. Sales of automotive fuel increased 0.8 percent.

In 2020, retail sales declined an unadjusted 0.6 percent.

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