Home Featured Czech Retail Sales Fall In October

Czech Retail Sales Fall In October

Czech Retail Sales Fall In October

The Czech retail sales fell in October, data from the Czech Statistical Office showed on Monday.

Retail sales fell by a working-day adjusted 0.2 percent annually in October, after remaining unchanged in September. Economists had expected a 3.3 percent fall. In August, sales had climbed 1.5 percent.

On an unadjusted basis, retail sales fell 0.9 percent yearly in October.

On a month-on-month basis, retail sales excluding automobile trade fell a seasonally adjusted 1.9 percent in October.

Sales of food grew 3.2 percent, while sales of non-food goods declined 3.9 percent. Sales of automotive fuel decreased 8.8 percent.

The material has been provided by InstaForex Company – www.instaforex.com