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Financial News: Czech Retail Sales Rise In September

Czech Retail Sales Rise In September

11/05/2020 - 05:19:00 (RTTNews)

(RTTNews) - The Czech Republic's retail sales grew in September after falling in the previous month, data from the Czech Statistical Office showed on Thursday.

Retail sales rose by a working-day adjusted 0.4 percent annually in September, after a 0.1 percent fall in August. Economists had expected a 0.6 percent rise.

In July, sales rose 2.9 percent.

On an unadjusted basis, retail sales rose 1.0 percent yearly in September.

On a month-on-month basis, retail sales excluding automobile trade fell a seasonally adjusted 0.4 percent in September.

Sales of food grew 1.5 percent and those of non-food goods rose 0.2 percent. Sales of automotive fuel increased 0.5 percent.

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